How card issuers misuse the
To most of us, the fact that credit card companies have a 'negative-
list' comprising defaulters or lost and stolen cards, has always been a reassuring factor. We like to think that if one loses a card or has one’s pocket picked, a quick call to the credit card company is adequate to deactivate it and prevent its misuse. It is only as a victim of a card...
Some banks are quietly converting your immediate credit card dues into an installment payment package without your knowledge
When it comes to modern day banking, it would be foolish to say 'yes' to their many offers without studying the fine print for hidden costs
and charges. Check this out. M Mehta shopped at Big Bazaar as usual and paid by credit card. But instead of being charged in...
Don’t assume that capital gains will attract 10% or 0% tax. The IT department has other ideas
R Natekar, an investor, has a major worry. He says, "Part of the argument for retail investors to invest in stocks is the bonanza handed out by the Finance Minister in the budget of 2005 when long term gains was reduced to zero and short term capital gains to 10%." Simultaneously, the introduction of...
