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What Is Employees’ Pension Scheme (EPS) In Employee Provident Fund

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EPF pension scheme was launched by the government in 1995 and, hence, is also called the Employees Pension Scheme 1995. It includes both new as well as existing EPF members. The EPS pension scheme has certain arrangements in place if a member wants to withdraw pension funds. Contents What is EPS Eligibility criteria for EPS Different EPS and EPF pension types EPS Pension forms details Process to check EPS balance Calculation and Withdrawal of EPS What is EPS (Employees’ Pension Scheme) The EPS is a scheme by the Employee’s Provident Fund Organization (EPFO), which aims at social security. This scheme is for the pension of the employees working in the organized sector, after their retirement at 58 years. The advantages or benefits of this scheme are only to be availed if the employee has served for a minimum of (continuous or non-continuous) 10 years. EPS pension was made available from 1995 and later retained for existing and newly joined EPF employees since. Eligibility criteria for E

MapmyIndia IPO (C.E. Info systems limited IPO) Details and Grey Market Premium (GMP)

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  Key Points of the MapmyIndia IPO (C.E. Info systems limited IPO) Issue Amount : ₹ 1039.61 Cr Face Value : ₹ 2 per share Price Band : ₹ 1000 to ₹ 1033 Lot Size : 15 shares Issue break-up% : QIB: 50% NIB: 15% Retail: 35% Important dates for MapmyIndia IPO (C.E. Info systems limited IPO) IPO Open :  Thursday, December 09, 2021 IPO Close :  Monday, December 13, 2021 Finalization of basis of allotment : 16th December 2021 Refunds/Unblocking ASBA fund : 17th December 2021 Credit of equity shares to DP account : 20th December 2021 Trading commences : 21th December 2021 Grey Market Premium of MapmyIndia IPO (C.E. Info systems limited IPO) In the following data we can see how the Grey Market Premium of MapmyIndia IPO (C.E. Info systems limited IPO) varied in last few days 13th Dec - Rs. 1050 12th Dec - Rs. 1000   11th Dec - Rs. 1000   10th Dec - Rs. 900   09th Dec - Rs. 800 08th Dec - Rs. 800 07th Dec - Rs. 700 06th Dec - Rs. 750 05th Dec - Rs. 700 04th Dec - Rs. 700 03rd Dec - Rs. 600 02nd

Shriram Properties Limited IPO Details and Grey Market Premium (GMP)

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Key Points of the Shriram Properties Limited IPO Issue Amount : ₹ 600 Cr Face Value : ₹ 10 per share Price Band : ₹ 113 to ₹ 118 Lot Size : 125 shares Issue break-up% : QIB: 75% NIB: 15% Retail: 10% Important dates for Shriram Properties Limited IPO IPO Open : Wednesday, December 08, 2021 IPO Close : Friday, December 10, 2021 Finalization of basis of allotment : 15th December 2021 Refunds/Unblocking ASBA fund : 16th December 2021 Credit of equity shares to DP account : 17th December 2021 Trading commences : 20th December 2021 Grey Market Premium of Shriram Properties Limited IPO In the following data we can see how the Grey Market Premium of Shriram Properties Limited IPO  varied in last few days 10th Dec - Rs. 10 09th Dec - Rs. 20   08th Dec - Rs. 20 07th Dec - Rs. 20 06th Dec - Rs. 20 05th Dec - Rs. 20 0

Rategain Travel Technologies Limited IPO Details (RateGain IPO) GMP and Subscription

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Key Points of the Rategain Travel Technologies Limited IPO: Issue Amount        : ₹ 1,335.74 Cr Face Value             : ₹ 1 per share Price Band            : ₹ 405 to ₹ 425 Lot Size                 : 35 shares Issue break-up% : QIB: 75% NIB: 15% Retail: 10% Important dates for Rategain Travel Technologies Limited IPO: IPO Open                                               : Thursday, December 07, 2021 IPO Close                                               : Monday, December 09, 2021 Finalization of basis of allotment         : 14th December 2021 Refunds/Unblocking ASBA fund         : 15th December 2021 Credit of equity shares to DP account : 16th December 2021 Trading commences                              : 17th December 2021 Grey Market Premium of Rategain Travel Technologies Limited IPO: In the following data we can see how the Grey Market Premium of Rategain Travel Technologies Limited IPO varied in last few days 08th Dec - Rs. 100 07th Dec - Rs. 80 06th Dec - Rs. 120 05th Dec -

How Soon You Can Double Your money?

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Every one wants to double their money, But all are eager to know when that will happen right. hear is a simple rule that to know when your investment will get doubled and that is Rule of 72 Rule of 72 The rule of 72 is a famous shortcut for calculating how long it will take for an investment to double if its growth compounds.  Just divide 72 by your expected annual rate of return. The result is the number of years it will take to double your money. Ok lets understand with an example Lets assume Person XYZ has invested Rs. 10,000/- and he is expecting a rate of return of around 10% annually then, 72/10 = 7.2 Years is the time that is required to double your money. after 7.2 years person XYZ will have Rs. 20,000 in his investment corpus. The rule of 72 helps Investors to know which investment is better with respect to time, if you are investing in a bank Fixed deposits then your investment will grow with a rate of 5.5% (banks interest rate keeps on changing), then you will have

Anand Rathi Wealth Limited IPO Details, GMP and Subscription

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  Details of the Anand Rathi Wealth Limited IPO: Issue Amount: ₹ 660 Cr Face Value : ₹ 5 per share Price Band : ₹ 530 to ₹ 550 Lot Size : 27 shares Issue break-up% : QIB: 50% NIB: 15% Retail: 35% Important dates for Anand Rathi Wealth Limited IPO: IPO Open: Thursday, December 02, 2021 IPO Close: Monday, December 06, 2021 Finalization of basis of allotment: 09th December 2021 Refunds/Unblocking ASBA fund: 10th December 2021 Credit of equity shares to DP account: 13th December 2021 Trading commences: 14th December 2021 Grey Market Premium of Anand Rathi Wealth Limited IPO: In the following data we can see how the Grey Market Premium of Anand Rathi Wealth Limited IPO varied in last few days 04th Dec  - Rs. 100 03rd Dec  - Rs. 125 02nd Dec  - Rs. 125 01st Dec   - Rs. 125 30th Nov  - Rs. 100 29th Nov  - Rs. 100 28th Nov  - Rs. 100 Anand Rathi Wealth Limited IPO Subscription on 3rd December 2021: Anand Rathi Wealth Limited IPO is subscribed 3.02 times on 3rd December 2021 17:00 pm Qu

Star Health and Allied Insurance Company Ltd IPO Details, GMP and Subscription

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  Details of the Star Health and Allied Insurance Company Ltd IPO : Issue Amount: ₹7249.18 Cr Face Value : ₹10 per share Price Band : ₹870 to ₹900 Lot Size : 16 shares Important dates for Star Health and Allied Insurance Company Ltd IPO : IPO Open: Tuesday, November 30, 2021 IPO Close: Thursday, December 22, 2021 Finalization of basis of allotment: 7th December 2021 Refunds/Unblocking ASBA fund: 8th December 2021 Credit of equity shares to DP account: 9th December 2021 Trading commences: 10th December 2021 Grey Market Premium of Star Health and Allied Insurance Company Ltd IPO: In the following data we can see how the Grey Market Premium of Star Health and Allied Insurance Company Ltd IPO varied in last few days 02nd Dec - Rs. 15 01st Dec  - Rs. 15 30th Nov - Rs. 15 29th Nov - Rs. 0  28th Nov - Rs. 10 27th Nov - Rs. 10 26th Nov - Rs. 40 25th Nov - Rs. 90 24th Nov - Rs. 150 Star Health and Allied Insurance Company Ltd Company background: Incorporated in 2006, Star Health and Allied Insu