"Rajya Sabha is powerless in financial matters”.
Answers
Answer:
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.
Answer:
181. The Budget
(1) The Annual Financial Statement or the Statement of the estimated Receipts and Expenditure of the Government of India in respect of each financial year (hereinafter referred to as "the Budget") shall be presented to the Council on such day as the President may direct.
(2) There shall be no discussion on the Budget on the day on which it is presented to the Council.
182. General discussion on the Budget
(1) On a day to be appointed by the Chairman subsequent to the day on which the Budget is presented and for such time as the Chairman may allot for this purpose, the Council shall be at liberty to discuss the Budget as a whole or any question of principle involved therein, but no motion shall be moved nor shall the Budget be submitted to the vote of the Council.
(2) The Finance Minister shall have a general right of reply at the end of the discussion.
(3) The Chairman may, if he thinks fit, prescribe a time limit for speeches.
183. Presentation of the Budget in parts
Nothing herein before contained shall be deemed to prevent the presentation of the Budget to the Council in two or more parts and when such presentation takes place, each part shall be dealt with in accordance with these rules, as if it were the Budget.
184. Business that can be taken up on a day allotted for financial business
184. Notwithstanding that a day has been allotted for financial business a motion or motions for leave to introduce a Bill or Bills may be made and a Bill or Bills may be introduced on such day before the Council enters on the business for which the day has been allotted.
Explanation---Financial business includes any business which the Chairman holds as coming within this category under the Constitution.
185. Provision as regards Financial Bills