Card Tricks

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...

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  • Tax Headaches for Investors

    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...

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  • A Knotty Problem

    Inheriting shares is not simple. Different people are using different solutions

    If the late Dhirubhai Ambani left a messy legacy that saw his sons fight a nasty battle for control over his immense wealth and sprawling empire, how much worse must it be for those who have a few precious shares to decide how they must be divided or bequeathed to their heirs?

    Inheritance of shares and the ease...

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