Question

Money bill can be introduced in_______

Answer 1

The money Bill (Article 110), this bill is concerned with financial matters like taxation, public expenditure, etc. A money bill can be introduced only in Lok Sabha. Money Bill can be introduced only on the recommendation of the President. Only a Minister is allowed to introduce Money Bill in the Parliament. Money Bill requires the certification of the Lok Sabha Speaker when transmitted to Rajya Sabha. The bill can be detained for a maximum period of 14 days only by the Rajya Sabha. It cannot be returned for reconsideration by the President. The President can only accept or reject it. In case of Money Bill, if there is a deadlock, there is no provision of a joint sitting