Question

explain a money bill

Answer 1

money bill means a public billwich is in the opinion of the speaker of house of common contains only

Answer 2

Answer:

Question :-

explain Money bill.

Answer :-

Money Bill's contain provision related to tax regulation, regulation of borrowing of money by the government, payment to or withdrawal from the contingency for the consolidated fund of India.

The producer for a money bill is a little different. A Money bill can be introduced in the Lok Sabha only. Unlike other bills the Rajya Sabha has to return it within 14 days, from the day it receives the bills. If the money bill is not returned by the Rajya Sabha within 14 days it is demand to be passed by both the Houses. Again, Indra Sabha suggest change in the bill it is not binding upon the Lok Sabha to accept them. The Lok sabha, thus, has an upper hand in case of a money bill. There is no provision of a joint sitting in case of a money bill.