Highlight Your Demat Problems

Many investors are hassled by the way demat rules are framed and implemented. Here is what to do about it

Last week, K. Mallikarjuna Rao wrote to us about a curious problem. The Securities and Exchange Board of India (SEBI) has asked depositories to collect Permanent Account Numbers (PAN) from all demat account holders and verify them with PAN details published on the Income Tax Department's...

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Tax Tips For Harried Senior Citizens

The tax department is out to harass senior citizens. Here are some solutions to fight back

A couple of weeks ago, a Mumbai daily published a depressing article by Gool Bhujwala, a senior citizen who pleaded with the government to legalise euthanasia because life had become extremely difficult as "hard-earned money we carefully saved for our old age" is used up in taxes, sky-rocketing prices...

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Citibank Ditches Cardholders

It has been brought to book by RBI, in a pathbreaking

On 23 June 2006, Anirudha Datta received a rather curt sounding email that read as follows: Dear Customer, This is with reference to the "Fly For Sure" offer extended on your Citibank Card. We would request you to contact the local CitiPhone number mentioned below and provide us with your final travel preference. Please note that you will...

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