Question

prepare a short note on features of money bill. ​

Answer 1

Explanation:

Essentially a Money bill has the following features:

It can be introduced only in the Lok Sabha (lower chamber of the Parliament)

The bill is placed in Rajya Sabha (Upper chamber of the Parliament) thereafter and Rajya Sabha can return the Bill with or without its recommendations.

Answer 2

Answer:

A Money Bill refers to a draft law introduced in Lok Sabha. The Bill deals with issues such as receipt and spending of money, such as tax laws, laws governing borrowing and expenditure of the government, prevention of black money etc. Instead of being a separate Bill in itself, a money bill is more like a category.

Explanation:

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