Harassed by Tax Authorities

Report cases of corrupt or arrogant revenue agenciesthat force you into non-compliance

Regulation must not be framed on the assumption that everybody is out to break the law, but in a manner that makes it easy for those who want to comply with it, said SEBI chairman CB Bhave at a recent seminar. Someone must tell that to finance minister P Chidambaram and his revenue collection agencies. Mr...

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Good Credit Turned Bad

What if your credit history has been wrongly reported by your bank?

Quite by accident, a senior banker with access to the defaulters’ database discovered that he had been reported as a defaulter to the Credit Information Bureau of India Limited (CIBIL). With help from the Reserve Bank of India (RBI), he soon found out that a bank that had sent him an unsolicited personal loan had wrongly...

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Mind Your Broker

When your relationship with your broker sours, you realise he holds all the cards. So, take care beforehand

After Prime Securities announced a hefty Rs23 crore mark-to-market provision, investors are running scared; they fear that several big brokerage firms may be in for tougher times, close branches or, worse, dump some losses to client accounts. Plenty of such complaints are already cropping...

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