how does loksabha exercise money power
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The Lok Sabha exercises supreme powerin the matter of money. Once the Lok Sabha passes the budget of the government or any other money related law the Rajya Sabha cannot reject it. The Rajya Sabha can only delay it by 14 days or suggest changes in it. The Lok Sabhamay or may not accept these changes.
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Lok Sabha exercises money power by passing the money bill. Lok Sabha has more power in relation to money bills than Rajy Sabha. Money bill or annual financial statement passed by the Lok Sabha cannot be rejected by the Rajya sabha.
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