Posts

Translate

How to activate UAN number in PF account very simple and easy way?

-
Image
Employee provident fund organization: Activation of universal account number (UAN) is very important for the account holder. If you have done this, then you will be able to get any information related to your account directly from your home. Employee provident fund organization provides a wide range of facilities to its members. EPF account holders can also do online monitoring of their accounts. For example, the account holder EPS includes nomination and online claim files. Apart from this account holders can also access the EPF passbook . Universal identification number is an important number to get information related to your EPF accounts. Every company makes EPF member ID for its employee, which changes when job changes. For example, if you join a new job, then you will be given a new EPF account by the company. It is in this account that money is deposited. Today we are giving you information about activating the universal identification number in your EPF accoun
Post a Comment
Read more

EPFO gives pension to whole family know how to avail it

-
Image
The Employees Provident Fund Organisation (EPFO) under the ministry of labor runs PF and PF Pension schemes for companies and employees working in the organized sector. For PF , Employees deposit a part of their salary every month and the company also collects it. Some of the part of the company deposited in the PF also goes to the Employee Pension Scheme (EPS) . It is through this, that employees get a pension after retirement. EPS benefits are not only for employees but also benefits to the family. If the EPF member dies due to any reason, then his/her family ie. wife or husband and children also get the benefit of pension. It is also called the Family Pension. When does get pension:-  In order to take advantage of the pension, an employee has to work continuously for 10 years. Only the company contributes to this pension scheme. This accounts for 8.33 percent of the company's 12 percent contribution to the PF. The Government also contributes to pension sch
Post a Comment
Read more

who are Stock Brokers ?

-
Image
Stockbrokers are the financial intermediaries that take buy/sell orders from their clients and execute them in the stock exchange. Stockbrokers are registered with stock exchanges first like NSE/BSE or both under the norms of SEBI. After that, any individual, retail investor or trader willing to trade/investment in stocks must choose to register with any of brokers authorized by Stock exchanges and SEBI. So in simple words, stockbrokers are the link between the Stock market and investors and they charge for executing any buy-sell order from clients. So, here is the point while we choose any stockbroker to work with, we need to understand how much brokerage we have to pay for executing a single order. Let us understand with an example:-  Client A is registered with a stockbroker charging Rs. 10 per order buy/sell and Client B is registered with another stockbroker charging 0.55 of total value traded in INR. Now Client A & Client B both bought 1000 shares of ICICI
Post a Comment
Read more

What is Forex Market and how it works ?

-
Image
Unlike Share/Stock Market Foreign exchange Market also well known as Forex is a Market place where investors execute a trade in Currencies. It is one of the Largest Market in the trading world. Forex is a decentralized and over the counter market ( OTC ), and there are no regulators for Forex to protect the interest of investors. The Forex market works around the clock except for weekends Saturday and Sunday. The term around the clock may be surprising or confuse you as we know the world never sleeps. If the currency market closed in one country at the same time it is opened in some other country only exchanges changes around the clock, so it allows investors to do trade 24*5 in a week. The Currencies always trades in Pairs like British Pound against US Dollars and represents symbolically like GBPUSD and in the same way USDJPY . Now as we understand what is forex market let's go further to know about who are the participants of the forex market. So the Participant
Post a Comment
Read more

What is share market and how it works ?

-
Image
The share market or stock market is a place where an investor can do trade in a financial instrument, Like a supermarket where people buy goods and things of their interest and need. The process is the same as a Supermarket but the stock market is a digital market where buying or selling takes place electronically. Now, the first thing comes in mind what to buy or sell and what are the financial instruments? So, friends Here financial instruments are a share of companies, derivatives of shares/stock, bonds issued by companies, Funds issued by companies, IPO offered by companies, Commodity. First companies come with IPO and list it with the primary market and then that shares are available for trade-in secondary market for buying/selling. The stock market is an intermediary which allows investors to buy or sell financial instrument are also known as the stock exchange. In India, there are two main stock exchanges National Stock Exchange ( NSE ) and Bombay Stock Exchange
4 comments
Read more