how is money bill pased
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India. Procedure for a Money Bill: ... 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). The Rajya Sabha may not amend money bills but can recommend amendments.
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Money bills passed by the Lok Sabha are sent to the Rajya Sabha. ... When a Money Bill is returned to the Lok Sabha with the recommended amendments of the Rajya Sabha, Lok Sabha may or may not recommendations. It is then presented to the President, who gives his assent and it becomes a law.
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