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Akhil Jain

Latest Posts by Akhil Jain

Allow COVID related hospitalization expenses as Income Tax deduction

May 24, 2021 22791 Views 6 comments Print

As you are aware presently, the country is reeling under severe stress due to Covid-19 pandemic. It has impacted lives and livelihoods of the people of the country. When a person or a relative of a person gets infected with Covid-19 lot of medical expenditure is incurred in the treatment of the patient in case he/she gets hospitalized

Process of credit creation by commercial banks and how RBI regulates credit flow

April 8, 2020 25296 Views 0 comment Print

The process of credit creation by commercial banks and how the RBI regulates this credit flow This article is not from accounting, direct or indirect tax perspective. This deal with a general topic about how the credit is created by commercial banks in the economy and how the RBI monitors this credit creation. Let us […]

GST – Good and Simple Tax- A Myth!!

February 23, 2020 3057 Views 3 comments Print

Leave apart the frequent changes in the GST law by way of notifications and circulars which have made compliance very complex both for the businessman as well as the tax professionals. Certain sections in the law itself is not in favour of the common traders. The FM in her parliament speech had said there are […]

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