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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
  • MOA Main object – Samples
    • Consulting company
    • Tour and travel
    • Restaurant
    • Data Processing
    • Real estate developers
    • Information technology

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.

How to Calculate Company Equity: A Beginner’s Guide for Small Business Owners

Last modified on July 1, 2025 by CA Bigyan Kumar Mishra

Whether you’re a freelance tailor in Mumbai, a mobile repair shop owner in Delhi, or a tuition teacher in Kolkata, terms like equity or balance sheet can feel confusing or even intimidating. But don’t worry—many small business owners across India feel the same way.The good news? Understanding company equity is simpler than you think. And more importantly, it’s one of the … [Read more...] about How to Calculate Company Equity: A Beginner’s Guide for Small Business Owners

Price-to-Earnings (P/E) vs PEG Ratio in Stock Market: A Simple Guide for Beginners

Last modified on July 1, 2025 by CA Bigyan Kumar Mishra

Is a high Price-to-Earnings (P/E) ratio good or bad? I don’t get it.This stock looks cheap, but is it actually a good buy?Everyone’s saying ‘PEG ratio’—should I be checking that too?If any of these questions sound like yours, you’re not alone. Many first-time investors in India—whether they’re small business owners, freelancers, or salaried … [Read more...] about Price-to-Earnings (P/E) vs PEG Ratio in Stock Market: A Simple Guide for Beginners

Retail vs Institutional Investors in Indian Stock Market: A Simple Guide

Last modified on June 30, 2025 by CA Bigyan Kumar Mishra

Many Indian investors, especially beginners and small savers, get confused when they see headlines like “FIIs pulled ₹10,000 crore from Indian markets” or “LIC increases stake in XYZ stock.” It’s natural to wonder: Are they smarter? Should I follow them? Do I invest the same way they do?The short answer: No.You and those big institutions are playing different roles in … [Read more...] about Retail vs Institutional Investors in Indian Stock Market: A Simple Guide

Net Exports Explained: How Trade Affects Rupee, Prices, and Business

Last modified on June 26, 2025 by CA Bigyan Kumar Mishra

Why is petrol so expensive even when crude oil prices are down?How Importing and Exporting Impacts the Economy?How do net exports affect the economy?What is the connection between net exports and trade deficit?If these questions sound familiar, you’re not alone. Many Indian business owners, and self-employed professionals feel overwhelmed by economic terms like … [Read more...] about Net Exports Explained: How Trade Affects Rupee, Prices, and Business

Current vs Noncurrent Assets Explained for Small Business Owners and Taxpayers

Last modified on June 18, 2025 by CA Bigyan Kumar Mishra

What even counts as an asset in my business?What are Current and Noncurrent assets?Do I need to know the difference between Current and Noncurrent assets for tax filing?If you’ve had thoughts like these, you’re not alone. Many beginners—even seasoned professionals outside finance—feel unsure when they look at financial statements. Words like current assets, … [Read more...] about Current vs Noncurrent Assets Explained for Small Business Owners and Taxpayers

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