☺☺☺financial power of lok sabha and rajya sabha✌✌✌
Answers
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.
A Money Bill cannot be introduced in the Rajya Sabha. It is the prerogative of the Lok Sabha to initiate it. After its approval by the Lok Sabha, it sent to the Rajya Sabha for its 'recommendation'. The Upper House cannot change it in form, though it may suggest some changes which may or may not be accepted by the Lok Sabha.
The Rajya Sabha has power to delay a Money Bill, but not for more than fourteen days. It may be remembered that in case of non-Money Bills the Rajya Sabha has power to delay them for six months. There is provision for joint sitting if there is disagreement between the two Houses over any non-money bill. But there is no such provision for joint sitting in case of disagreement between them over a Money Bill.
Whether a bill is a Money Bill or not will be decided by the Speaker of the Low House. The Upper House has no power to decide it.
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