Figyan

CA Bigyan Kumar Mishra

is a fellow member of the Institute of Chartered Accountants of India.He writes about personal finance, income tax, goods and services tax (GST), company law and other topics on finance. Follow him on facebook or instagram or twitter.

Smart money vs dumb money – what is the difference

Last reviewed on I By

Smart MoneySmart money is the amount of capital invested and controlled by experienced, well informed, and managed financial institutions such as institutional investors, asset management companies (AMCs), banks, financial institutions, investment banks, funds, and other financial professionals.These big-time market participants have a fuller understanding of the … [Read more...] about Smart money vs dumb money – what is the difference

What is 100 minus age rule in investing

Last reviewed on I By

Many consider the “100 minus age” rule as a smart investing approach for a happy retirement life.The 100 minus age rule is known as the rule of thumb developed over the years for better asset allocation.This rule says how much of each investment type you need to hold in your portfolio at a specific age.100 minus age rule says you should take 100 and subtract your age to … [Read more...] about What is 100 minus age rule in investing

Which section code to use in TDS Return Filing

Last reviewed on I By

It’s mandatory to enter section codes in the field “section under which payment made” while preparing TDS return 24Q and 26Q. Therefore, for your ready reference here are all the section codes given to use while preparing your TDS return.SectionNature of PaymentSection Code192APayment of accumulated balance due to an employee192A193Interest on … [Read more...] about Which section code to use in TDS Return Filing

What is Bank Nifty CE and PE

Last reviewed on I By

You might be confused with the terms CE and PE. These terms are used in option contracts.An option gives a person the right but not the obligation to buy or sell something.An option is a contract between two parties wherein the buyer receives a privilege for which he pays a fee (premium) and the seller accepts an obligation for which he receives a fee.The premium is … [Read more...] about What is Bank Nifty CE and PE

Nifty Vs. Bank Nifty – What is the difference

Last reviewed on I By

Both Nifty and Bank Nifty are index owned and managed by NSE Indices Limited.Nifty is the leading index measuring performance of top 50 companies listed on the National Stock exchange (NSE). Therefore, it's referred to as Nifty 50.Within Nifty you have all the leading companies from 13 different sectors such as Banks, oil & gas, auto, cement, Information Technology, … [Read more...] about Nifty Vs. Bank Nifty – What is the difference