Financial Powers
(a) Money bills can be introduced in the Parliament only with his prior recommendation.
(b) He causes to be laid before the Parliament the annual financial statement (ie, the Union Budget).
(c) No demand for a grant can be made except on his recommendation.
(d) He can make advances out of the contingency fund of India to meet any unforeseen expenditure.
(e) He constitutes a finance commission after every five years to recommend the distribution of revenues between the Centre and the states.
Judicial Powers
(a) He appoints the Chief Justice and the judges of Supreme Court and high courts.
(b) He can seek advice from the Supreme Court on any question of law or fact. However, the advice tendered by the Supreme Court is not binding on the President.
(c) He can grant pardon, reprieve, respite and remission of punishment, or suspend, remit or commute the sentence of any person convicted of any offence:
- In all cases where the punishment or sentence is by a court martial;
- In all cases where the punishment or sentence is for an off against a Union law; and
- In all cases where the sentence is a sentence of death.