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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
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    • 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 Convert a Public Company into a Private Company: A Simple Step-by-Step Guide

Last modified on May 16, 2025 by CA Bigyan Kumar Mishra

If you're wondering how to convert a public company into a private company, the process might seem a bit complicated at first. However, when broken down into clear steps, it becomes much easier to understand. This guide will walk you through each stage of the public-to-private company conversion process, explaining everything in simple terms.Whether you're a business owner, … [Read more...] about How to Convert a Public Company into a Private Company: A Simple Step-by-Step Guide

How to Convert a Private Company into a Public Company: A Simple Step-by-Step Guide

Last modified on May 16, 2025 by CA Bigyan Kumar Mishra

If you're a business owner looking to grow and raise capital, converting your private limited company into a public limited company might be a smart move. This change opens up new opportunities for attracting investment, expanding your business, and increasing the liquidity of your shares. But how do you go about it? This guide will walk you through the process in a simple … [Read more...] about How to Convert a Private Company into a Public Company: A Simple Step-by-Step Guide

Income tax Inquiry Notice before Assessment of Tax: Section 142(1)

Last modified on May 16, 2025 by CA Bigyan Kumar Mishra

The Income Tax Department sends a notice for different reasons. These can include not filing your tax return, mistakes in your return, missing information, reporting less income than you should, suspicions of tax cheating, checking past filings, and other issues.A notice under section 142(1) is sent when you haven’t filed your return or when the department needs more … [Read more...] about Income tax Inquiry Notice before Assessment of Tax: Section 142(1)

A Simple Guide to Understanding Pledging in the Stock Market

Last modified on May 16, 2025 by CA Bigyan Kumar Mishra

Pledging shares is a concept that might sound complicated, but it’s actually a straightforward way for individuals and companies to raise money by using their stocks as collateral for loans. In this guide, we’ll explain pledging in simple terms, so you can understand how it works, its advantages, and the risks involved.What is Pledging Shares?Pledging shares means … [Read more...] about A Simple Guide to Understanding Pledging in the Stock Market

A Beginner’s Guide to Getting Business Licenses in India

Last modified on May 16, 2025 by CA Bigyan Kumar Mishra

Starting a business in India can be exciting and rewarding. However, before you start selling products or offering services, there are some legal steps you must take. One of the most important steps is getting the right business licenses. These licenses are essential for ensuring your business follows the law, stays compliant, and avoids any legal troubles.In India, … [Read more...] about A Beginner’s Guide to Getting Business Licenses in India

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