Can Lok Sabha introduce money bill?

A Bill may be introduced in either House of Parliament. However,a Money Bill can not be introduced in Rajya Sabha.It can only be introduced in Lok Sabha with prior recommendation of the President for introduction in Lok Sabha.

Which bills can only be introduced in Lok Sabha?

Except Money Bills and Financial Bills, Category A, which can be introduced only in the Lok Sabha, a Bill may originate in either House of Parliament. As per the provisions of article 109 of the Constitution, the Rajya Sabha has limited powers with respect to Money Bills.

Can Lok Sabha reject a money bill?

They can be introduced only in Lok Sabha. They can be introduced in both houses. President’s recommendation is needed to introduce them. President can either accept or reject a money bill but cannot return it for reconsideration.

Who decides whether a bill is a money bill of not?

Speaker of Lok Sabha
Speaker of Lok Sabha decides whether a bill is a money bill or not.

Who decided whether a bill is a money bill or not?

The Speaker of the Lok Sabha
The Speaker of the Lok Sabha certifies if a financial bill is a Money Bill or not.

Which bill Cannot be introduced in the Rajya Sabha?

Money bills cannot be introduced in Rajya Sabha. Money bills can be introduced only in the Lok Sabha with the prior recommendation of the President.

How is money bill different from ordinary bill?

The Money Bill is sent for the President’s assent only after approval from the Lok Sabha. Money Bill does not require the approval of Rajya Sabha before it is sent to the President for his assent. Ordinary Bill can be returned for reconsideration, accepted or rejected by the President.

Does money bill require prior permission of President?

There are some bills which require the prior recommendation of the President before their introduction in the Parliament. These bills are: Money Bill & Finance Bill. State Bills which impose the restrictions upon freedom of trade.

Can President of India withhold money bill?

The President may either give or withhold assent to a Money Bill. Under the Constitution of India, a Money Bill cannot be returned to the House by the President for reconsideration.

Can Rajya Sabha suggest amendments to money bill?

Rajya Sabha has power to recommend amendments in the Finance Bill. However, it is for Lok Sabha to accept or reject the recommendations.

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