Question

, differentiate between a money bill and a non money bill​
please please

Answer 1

Answer:

◉Ordinary Bill

• Introduced in either Lok Sabha or Rajya Sabha.

• Ordinary Bill can be introduced without the recommendation of the President

• Either a Minister or private member can introduce ordinary bill

• If the Ordinary Bill originated in the Lok Sabha, then it does not require the approval of the speaker when transmitted to Rajya Sabha.

• The Rajya Sabha has the power to detain the Ordinary Bill for a period of 6 months.

• Ordinary Bill can be returned for reconsideration, accepted or rejected by the President.

• In case of deadlock on Ordinary Bill there is a provision of a joint sitting

◉Money Bill

• 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 Money Bill can be detained for a maximum period of 14 days only by the Rajya Sabha

• Money Bill 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

Explanation:

◉LET'S EXPLORE MORE

✯What is a Money Bill in India?

In Indian Constitution, Article 110 deals with Money Bill in India. There are few provisions for a bill to be deemed as a money bill. The provisions that make a bill a money bill in India are given below:

☆Provisions for Money Bill in India

• The imposition, abolition, remission, alteration or regulation of any tax

• The regulation of the borrowing of money by the Union government

• The custody of the Consolidated Fund of India or the contingency fund of India, the payment of money into or the withdrawal of money from any such fund

• The appropriation of money out of the Consolidated Fund of India

• Declaration of any expenditure charged on the Consolidated Fund of India or increasing the amount of any such expenditure

• 6 The receipt of money on account of the Consolidated Fund of India or the public account of India or the custody or issue of such money, or the audit of the accounts of the Union or of a state

• 7 Any matter incidental to any of the matters specified above

Article 110 of Indian Constitution also gives provisions following which a bill cannot be deemed as a money bill. Those provisions are given below:

☆Bill is not a Money Bill when it provides for

• Imposition of fines or other pecuniary penalties

• Demand or payment of fees for licenses or fees for services rendered

• Imposition, abolition, remission, alteration or regulation of any tax by any local authority or body for local purposes

✯Financial Bill – Article 117 of Indian Constitution

Financial Bills are dealt with under Articles 117 (1) and Article 117 (3.) Though Money Bill is a species of the financial bill however, not all financial bills are money bill. These bills are categorized as:

• Financial Bills (I)- Article 117 (1)
• Financial Bills (II)- Article 117 (3)

☆Facts about Financial Bills (I):

• It is defined as a bill that contains matters not only related to Article 110 (Money Bill) but also other matters of finances.

• Its similarity with money bill:
• It is introduced only in Lok Sabha similar to Money Bill

• It is introduced only on the recommendation of President

• Its difference with money bill:
• It can be either rejected or amended by the Rajya Sabha which is not the case with money bill

• There is a provision of joint sitting summoned by President in case of deadlock

• President can give his assent, withhold the bill or can even return the bill for reconsideration

☆Facts about Financial Bills (II):

• It is defined as a bill that solely deals with provisions involving expenditure from the Consolidated Fund of India and does not include any matter of money bill (Article 110.)

• It is treated as an ordinary bill in all respects unlike Financial Bill (I)

• Special Feature: It cannot be passed by either house of the Parliament unless the President has recommended them for consideration of the bill

• It can be either rejected or amended by either House of Parliament

• There is a provision of joint sitting summoned by President in case of deadlock

• President can give his assent, withhold the bill or can even return the bill for reconsideration