You have never defaulted on anything. Never borrowed more than you could repay. And in some cases, never borrowed at all. Yet when you apply for a home loan, the bank’s first question is about your CIBIL score — and what comes back either does not exist or is lower than you expected. The frustration […]
Author: Chinnagounder Thiruvenkatam Published Date: May 18, 2026 Last-Verified Date: May 18, 2026 The notice arrived on a Tuesday in October. ₹16,800 in additional tax plus interest, for a mismatch between the interest income declared in the ITR and the interest income recorded in the Annual Information Statement. The taxpayer had three fixed deposits. She
You got a better offer. You accepted. Your last day at the old company is June 30. Your first day at the new company is July 15. In those two weeks – and in the first months at the new job – something is happening to the provident fund you spent three years building. Neither
Author: Chinnagounder Thiruvenkatam Published Date: May 16, 2026 Last-Verified Date: May 16, 2026 If your life insurance policy pays you a lump sum when it matures – when the policy term ends and you are still alive – you are almost certainly holding an endowment plan. And if you have been holding it for more
You apply for a home loan. The bank rejects it — citing poor credit score. But you have never defaulted on anything in your life. You check your CIBIL report for the first time. And there it is: a personal loan of ₹45,000 from an NBFC you have never heard of, opened two years ago,
You apply for a home loan. The bank rejects it — citing poor credit score. But you have never defaulted on anything in your life. You check your CIBIL report for the first time. And there it is: a personal loan of ₹45,000 from an NBFC you have never heard of, opened two years ago,
Every May and June, the same anxiety hits lakhs of salaried Indians. You meant to file ITR last year. You just never got around to it. Then you did not file this year either. Now the deadline is approaching again and you are wondering — what actually happens if you have not filed ITR for
Every May and June, the same anxiety hits lakhs of salaried Indians. You meant to file ITR last year. You just never got around to it. Then you did not file this year either. Now the deadline is approaching again and you are wondering — what actually happens if you have not filed ITR for