Articles by Jatin Pal

RBI with powers allocated under section 35A

Jatin Pal 12 October 2023 at 10:34

Section 35A of Banking Regulation Act, 1949 gives power to RBI to give directions to Banking Companies or Banking Company, as the case may be. The Banking compa..

How Fiscal Deficit, Revenue Deficit and other key figures prepared for Budget 2022

Jatin Pal 07 February 2022 at 08:49

Total budgeted receipts are 39,44,909 crore out of which 56% is revenue receipts i.e revenue from tax and balance 46% is majorly from loans and borrowings. The percentage is higher than as compared to the figures related to the actuals of the financial year 2020-2021.

Blocked Credit in GST with examples

Jatin Pal 21 December 2021 at 08:37

In GST, the government stated a taxpayer can avail ITC of all those inputs of goods and services which are used for supply of goods and/or services is allowed under GST.