The most maligned person in the financial service space is the distributor. It is he/ she who provides the last link between the financial product manufacturers and the end investor. Let us describe the typical distributor: He earns about Rs. 2-3 lakhs a year (a decent MBA would not EVEN consider looking at such a […]

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  There is a provision to increase the expenses that the ‘aam aadmi’ will pay for the services of an asset management company…so welcome to the party. I mean the party that the AMCs will now start having. What are my objections to the new provisions? Frankly, I have no strong opinion on what the […]

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Most people I know pay taxes and also file tax returns. However to say that they file taxes honestly is a little difficult to say. As a social psychologist if you do analyze why people do not pay taxes, the following seem to be the reasons: a. Does not seem reasonable: Why should I pay […]

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