When you join a company, your salary may not be the only compensation you receive. You will also receive some perks, vacation days, and possibly some company shares. Your salary may include some type of equity, most likely stock options...

Initial public offering (IPO) allotment status provides information on the number of shares allocated to the investor in an IPO. The registrar is responsible for the allocation procedure. You can know the allotment status of the allocation day. You can...

Demat account is also known as a Dematerialized account. The primary use of Demat account is to hold shares and securities in an electronic format. It helps you in online trading like buying or selling shares, or converting physical shares...

​​Financial derivatives are contracts whose value is derived from the underlying asset. Hedgers and speculators widely use these contracts to take advantage of market volatility. The buyer of the contract agrees to buy the asset at a specific price on...

A fixed deposit scheme is a traditional investment that is very popular in India. It is the most sought-after investment as it guarantees returns in the form of interest. Fixed deposits are low-risk investments, and they offer higher returns than...

Appointing a nominee for investments might seem like a small and optional procedure. However, it has a lot of importance after the death of the investor. Also, it is important to appoint a legal heir and make a will to...

10 Different Types of Bank Accounts in India Indian banks offer multiple types of accounts for different purposes. Whether one is working, or a student, an entrepreneur, a partnership firm, or an NRI, each one has several options to choose...

EPF Form 11 is a self-declaration form that an employee must fill while joining a new organisation to transfer a PF account automatically. However, the new employer must be covered under the Employees Provident Fund (EPF) scheme as per the...