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.

4 best bank deposit schemes or Investment options for retail investors

Last reviewed on I By

As a retail investor, you can invest in a risk free deposit scheme of a bank or post office for better return.In India, we have different type of deposit schemes to invest. As a retail investor you can choose any of these private or public sector banks to invest your hard earned money in a secured way.Today, in this article, we will discuss 4 best deposit schemes for a … [Read more...] about 4 best bank deposit schemes or Investment options for retail investors

Tax Return filing due date for Individuals – FY 2021-22

Last reviewed on I By

In India, an individual is required to file his income tax return on or before the due date of filing if income for the financial year is over the basic exemption limit.Basic exemption limit has been fixed by the government for each financial year in our annual budget.For the financial year 2020-21 (AY 2021-22) and financial year 2021-22 (AY 2022-23), the basic … [Read more...] about Tax Return filing due date for Individuals – FY 2021-22

A comprehensive guide to revise an income tax return in India

Last reviewed on I By

Many things can go wrong when filing your income tax return, such as incorrectly declaring dividends, bank interest, short/long term capital gains, and other incomes, inputting the incorrect bank account details and general information, or claiming improper exemptions and tax deductions. To correct these types of mistakes, the government has given an option to file a revised … [Read more...] about A comprehensive guide to revise an income tax return in India

House Rent Allowance or HRA exemption calculation

Last reviewed on I By

House rent allowance or HRA is considered to be one of the main component of salary provided by the employer in connection with rent of the accommodation taken by employee at the place of service.Based on the city’s living condition, house rent allowance is fixed before sending offer letters to employees. House rent allowance is taxable under the head "income from salary" … [Read more...] about House Rent Allowance or HRA exemption calculation

Income Tax Return Acknowledgement (ITR-V)-All You Need To Know

Last reviewed on I By

Income Tax Return acknowledgement or Verification form is a one page acknowledgement slip generated when a taxpayer files his annual tax return online.While uploading your income tax return, you will have following options to choose;To e-verify your return by using your net banking account or by validating bank account details or by using Aadhar based OTP; orTo use … [Read more...] about Income Tax Return Acknowledgement (ITR-V)-All You Need To Know