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  1. C

    Proceeds from sale of Nuvama fractional shares

    Anyone who was holding Edelweiss shares as on June 2, 2023 would be entitled to shrares of Nuvama, after the demerger. The proceeds from the sale of fractional shares were supposed to be given back to the investorors. Has anyone got the amount for those fractional shares? And if so, when? I...
  2. C

    Stock trading by government employees

    On another thread, I had asked whether one can invest one's savings with one's spouse, and its implications. There are various implications like clubbing of interest income, treatign it as a loan with interest, etc. Now, it so happens that my wife is employed by the government of Rajasthan, and...
  3. C

    Best way to spend 5,000 for IDFC first select card

    Hello members, I have an IDFC First Select LTF card, with add-on cards, and I want to get lounge access by spending 5,000 in the preceding month. Where is a reasonable place to spend so that I get maximum value back? I don't use their card otherwise because I have far better cards. (I have a...
  4. C

    Which app doesn't suck for IPOs?

    Quite strange that India's 2 most heavily used UPI apps, i,e. GPAY and Phonepe, suck terribly for IPOs. Gpay will not let you accept an IPO mandate from anything other than your primary account. (actually this holds true not just for IPOs, but for all collect requests). Phonepe was okay till...
  5. C

    Best UPI credit card which allows addon cards

    I know there are other threads on good UPI cards, but I am specifically interested in UPI credit cards which offer addon credit cards. The only one which fulfils the criteria which I have so far is BoB's IRCTC credit card, which had a first year fee of Rs. 500, and an annual fee of Rs. 350 (both...
  6. C

    Clubbing provisions on gifts/loans to spouse

    I wish to apply for IPOs & take part in buybacks through spouse's account, to take advantage of the "small investor" provisions. I am trying to understand the tax treatment of all this. My spouse's tax rate is significantly lower than mine. Let's say I give her some money, and she invests in...
  7. C

    Laws regarding online bank a/c and credit card closure.

    What are the existing laws regarding the online closure of 1. Bank accounts 2. Credit cards In particular, is it mandatory to provide an online closure for either category? I seem to have read something at some point, but don't exactly remember.
  8. C

    Share amazon prime memberships with family members

    Not sure which forum to post this in, so posting here. Is there any way I can share my amazon prime membership with my family members? I don't mind giving them access to my account, except 1. I don't want them to see my purchase history or cart 2. Don't want them to call me when I'm at work...
  9. C

    Is cleartrip reliable for international hotel bookings?

    I booked a couple of hotels in Thailand (Phuket & Bangkok) using HDFC Smartbuy with cleartrip as the partner. Could anyone with experience tell us if cleartrip is reliable? Has anyone experienced any hitches?
  10. C

    Suspicious conduct from ICICI bank regarding annual fee, Sapphiro

    In the last annual cycle, ending November 2022, I had managed to reach the spending limit by repeatedly adding money to my mobikiwk wallet, and then sending it to my account, which was free at the time, at least for me. This time, I known I had zero chance of meeting the threshold, as there are...
  11. C

    Defective return and tax credit.

    Happy Diwali everyone! I have run into a conundrum, and I should be asking a CA, which I have done, but no one is responsive because everyone's celebrating Diwali. I wonder if anybody from our esteemed community would like to take a shot? In AY 2019-20, my employer provided wrong details in...
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