Long answer questions:
1. How does Parliament exercise control over financial matters?
Answers
Answer:
The parliment exercise control over the public finance only through an independent audit of the accounts kept by the executive.
Answer:
Hope it helps. ....
Explanation:
These controls are executed through the control over demands for grants (public expenditure) and raising of taxes. In the matter of raising of resources through taxes, Constitution permits imposition of any tax only with the authority of law. Thus Parliament is the sole authority for imposition of tax.
Detailed discussion and voting on Demands for Grants Budget is Passed The Parliamentary control over public finances is excercised primarily through the approval of the Union Budget. ... Demand for Grants –Expenditure required to be voted by the Lok Sabha.
India being a parliamentary democracy thus doesn't have a rigid separation of powers but rather the executive stands derived from the legislature. Alongwith this to keep a check on hassle decisions the parliament exercises control over the executive......