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), stock market, company law and other topics on finance. Follow him on linkedin or facebook or instagram or twitter.

Books of Account under Companies Act, 2013 (Section 128) – Explained for Beginners

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As per the Companies Act, 2013, every company registered with the Ministry of Corporate Affairs (MCA) in India—regardless of its size—is required to maintain a clear record of its daily financial transactions.These records help the company assess whether it is operating at a profit or loss, while also providing transparency to external stakeholders about the state of the … [Read more...] about Books of Account under Companies Act, 2013 (Section 128) – Explained for Beginners

Block of assets

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The term "block of assets" means a group of assets falling within a class of assets comprising—(a) tangible assets, being buildings, machinery, plant or furniture ;(b) intangible assets, being know-how, patents, copyrights, trade-marks, licences, franchises or any other business or commercial rights of similar nature, not being goodwill of a business or … [Read more...] about Block of assets

Amalgamation

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In simple terms, amalgamation means the action, process, or result of combining or uniting two or more companies into a larger single company. The process creates a new company in which none of the pre-existing companies survive.Here are the most important reasons why companies perform amalgamation:To access new markets, technologies and clients / geographies.For … [Read more...] about Amalgamation

Bull Trap

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A bull is a market participant who invests in a security expecting the price will rise. A bull trap occurs when these bulls get trapped due to a false reversal signal in a strong downtrend.In a strong downtrend, price keeps falling due to selling pressure. When the underlying security suddenly shows a reversal signal, many bulls get attracted to go long. Shortly … [Read more...] about Bull Trap

Bear Trap

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Most often bear traps occur in a strongly uptrend. A bear is the one who always has a bearish mindset in the market. They think that the market is not going to go up, it will fall/reverse.When bears think that a trend reversal in an uptrend is imminent, they go short thinking that the market will reverse. If that downtrend never occurs or after a small correction bulls jump … [Read more...] about Bear Trap