Stand Up and Fight

There are active support groups to fight government harassment

Ever so often MoneyLIFE receives queries that have no easy answers. Unlike grievance redressal, in which we have a high degree of success, thanks to the cooperation of market intermediaries and regulators, queries pertaining to government revenue agencies have no quick-fix solutions. Each individual has to resolve her/his own...

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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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