The Share Market, also known as the Stock Market, is a financial marketplace where investors buy and sell shares of publicly listed companies. When you buy a share, you own a small part of that company. The value of these shares goes up or down depending on the company’s performance, market trends, global events, and investor sentiment.
Employees’ Provident Fund (EPF) contributions form a key part of retirement savings for salaried individuals, combining employee and employer contributions each month along with annual interest. Alongside the EPF account, a portion of the employer’s contribution is also directed towards the...
The Senior Citizens Savings Scheme (SCSS) is a government-backed retirement plan for those aged over 60 years, which allows them to invest between ₹1,000 to ₹30 lakh for a period of five years, at annual interest rate of 8.2%. Investment under the scheme also qualify for tax deduction up to ₹1.5 lakh un...