Ordinary Bills can be introduced in either Lok Sabha or Rajya Sabha. Money Bill can be introduced only in Lok Sabha. ... 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.
- What is called money bill?
- What is no money bill?
- What is mean by ordinary bill?
- What is an ordinary bill Class 11?
- Is GST bill a money bill?
- What are the features of money bill?
- Can President reject a bill?
- Which house has more power regarding money bill?
- How do you pass a money bill?
- What is a bill in Indian Parliament?
- What is a bill differentiate between the two types of bills?
- Who can introduce ordinary bill?
What is called money bill?
Money Bills[ii]: A Bill is said to be a Money Bill if it only contains provisions related to taxation, borrowing of money by the government, expenditure from or receipt to the Consolidated Fund of India. Bills that only contain provisions that are incidental to these matters would also be regarded as Money Bills.[iii]
What is no money bill?
Money Bill requires the certification of the Lok Sabha Speaker when transmitted to Rajya Sabha. ... Ordinary Bill can be returned for reconsideration, accepted or rejected by the President. Money Bill cannot be returned for reconsideration by the President. The President can only accept or reject it.
What is mean by ordinary bill?
Ordinary Bills
As per Articles 107 and 108 of the Indian Constitution, an ordinary bill is concerned with any matter other than financial subjects. An ordinary bill is introduced in either House of the Parliament. This bill is introduced by Minister or a Private member.
What is an ordinary bill Class 11?
Ordinary Bill is that which is concerned with making of laws on matters other than money matters. The Ordinary Bills are of two types — Government Bill and Private Member's Bill. A Government Bill is that which is introduced by a minister.
Is GST bill a money bill?
The Government presented the GST bill as a a Money Bill in Lok Sabha, according to the procedure, Money bills passed by the Lok Sabha are sent to the Rajya Sabha, the upper house may not amend money bills but can recommend amendments.
What are the features of money bill?
Characteristics of Money Bill
- It deals with taxation, expenditure and credits of the union government, consolidated funds etc.
- It can be introduced in Lok Sabha only.
- Prior recommendation by the President is mandatory.
- Only a minister is competent to introduce and pass the money bill.
Can President reject a bill?
If he withholds his assent, the bill is dropped, which is known as absolute veto. The President can exercise absolute veto on aid and advice of the Council of Ministers per Article 111 and Article 74. The President may also effectively withhold his assent as per his own discretion, which is known as pocket veto.
Which house has more power regarding money bill?
2 Lok Sabha exercises more powers in money matters. Once the Lok Sabha passes the budget of the government or any other money related law, the Rajya Sabha cannot reject it.
How do you pass a money bill?
Procedure for a Money Bill:
- Money Bills can be introduced only in Lok Sabha (the directly elected 'people's house' of the Indian Parliament).
- Money bills passed by the Lok Sabha are sent to the Rajya Sabha (the upper house of parliament, elected by the state and territorial legislatures or appointed by the president).
What is a bill in Indian Parliament?
A Bill is a draft statute which becomes law after it is passed by both the Houses of Parliament and assented to by the President. All legislative proposals are brought before Parliament in the forms of Bills.
What is a bill differentiate between the two types of bills?
A bill is the draft of a legislative proposal, which becomes a law after receiving the approval of both the houses of the Parliament and the assent of the President. There are four types of bills-ordinary bill, money bill, finance bill and constitutional amendment bills.
Who can introduce ordinary bill?
Difference between Ordinary Bill and Money Bill
Ordinary Bill | Money Bill |
---|---|
Ordinary Bills can be introduced in either Lok Sabha or Rajya Sabha. | Money Bill can be introduced only in Lok Sabha. |