​​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...

Members of the EPFO are, by default, part of the Employee Pension Scheme (EPS). On retirement, the individual is eligible for a regular pension. To apply for the pension amount, one needs to submit the EPF Form 10D. Therefore, the...

EPF Form 5 is an important form for companies that are registered under the Employee Provident Fund Scheme. The main purpose of Form 5 is to inform the Official EPFO Website about new joinees who are eligible for EPF services....

Aadhaar can be both your identification and address proof. Upon successful enrolment, you will receive a hard copy of your Aadhaar Card. However, you can also download the soft copy version of your Aadhaar online. There are multiple avenues from...