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Figyan

A resource site for beginners with easy to understand income tax, gst, and finance tutorials for mastering the basics and beyond.

  • Income Tax
    • Income tax slabs FY 2024-25 (AY 2025-26)
    • Income tax slab & rates for FY 2023-24 (AY 2024-25)
    • Income tax return filing deadlines
    • Guide to Personal income tax return
    • Important dates in income tax
    • Ultimate Guide to Salary Taxation in India
    • How TDS on Dividend Income Works in India
  • GST
    • Top 10 GST Mistakes
    • Income Tax vs. Goods and Services Tax (GST)
    • GST e-Way Bill
    • How to identify a fake GST bill
    • Invoices issued under GST law
    • GST Reconciliation-Form GSTR-9C
    • GST Annual Return Form GSTR-9
  • TDS
    • Guide to TDS on Interest Income: Section 194A
    • TDS on Payments to Contractors and Professionals: Section 194M
    • Section 194T: TDS on Payments to Partners of Partnership Firms
    • Section 194J: TDS on fees for professional or technical services
    • TDS on commission and brokerage – Section 194H
    • Section 194D – TDS on Insurance Commission
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CA Bigyan Kumar Mishra

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.

What Are Unrealized Gains and Losses? A Simple Guide

Updated on February 20, 2026 I By CA Bigyan Kumar Mishra

Unrealized gains and losses are one of the most important ideas in personal finance and stock market basics. Many Indian beginners see investment value move up and down in their Demat account and feel confused about whether they have actually earned or lost money.This change in value before selling is called an unrealized gain or unrealized loss.Understanding this … [Read more...] about What Are Unrealized Gains and Losses? A Simple Guide

What Is the G7 (Group of Seven)? Members, Functions, and Its Global Influence

Updated on February 20, 2026 I By CA Bigyan Kumar Mishra

The Group of Seven (G7) is an informal group of seven developed countries that regularly meet to discuss global economic stability, financial systems, and international challenges.The G7 is not a government body and does not make laws.Instead, it works through discussion, coordination, and mutual understanding among its members.Many global economic trends begin in … [Read more...] about What Is the G7 (Group of Seven)? Members, Functions, and Its Global Influence

Understanding Reserve Currency: What It Means and Why It Matters for India

Updated on February 20, 2026 I By CA Bigyan Kumar Mishra

A reserve currency is a currency that countries keep in large amounts as part of their foreign exchange reserves. These currencies are mainly used for international trade, global payments, and protecting economies during financial stress.Understanding reserve currency helps explain why the US dollar matters so much, how global trade works, and why the Reserve Bank of India … [Read more...] about Understanding Reserve Currency: What It Means and Why It Matters for India

What Are Tariffs in International Trade in India? A Simple Guide for Beginners

Updated on February 20, 2026 I By CA Bigyan Kumar Mishra

When people hear the word tariff, they often think of government policies, Parliament debates, or global trade disputes. But tariffs are not distant concepts. They quietly affect the price you pay for a mobile phone, why some laptops cost more in India than abroad, and even the toys sold in your local market.In simple terms, tariffs in international trade influence what … [Read more...] about What Are Tariffs in International Trade in India? A Simple Guide for Beginners

UN, BRICS, G7, G20, AUKUS, SCO, SAARC: Major Global Alliances

Updated on February 20, 2026 I By CA Bigyan Kumar Mishra

When we read news about global politics, trade, oil prices, or wars, we often hear names like BRICS, G20, OPEC, or United Nations. For beginners, these terms can feel confusing and overwhelming.This article explains major international organisations and alliances, focusing on what they mean, why they matter, and how they affect India and ordinary citizens.By the end, … [Read more...] about UN, BRICS, G7, G20, AUKUS, SCO, SAARC: Major Global Alliances

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