English, asked by princedesai94, 4 months ago

the dash certified the money bills​

Answers

Answered by PritamKitty05
4

Money Bill refers to a bill (draft law) introduced in the Lower Chamber of Indian Parliament (Lok Sabha) which generally covers the issue of receipt and spending of money, such as tax laws, laws governing borrowing and expenditure of the Government, prevention of black money etc.

This Bill encompasses all amendments required in various laws pertaining to tax, in accordance with the tax proposals made in the Union Budget. The Finance Bill, as a Money Bill, needs to be passed by the Lok Sabha — the lower house of the Parliament. Post the Lok Sabha's approval, the Finance Bill becomes Finance Act.

To make sure that Rajya Sabha doesn't amend the bill by adding some non-money matters (known as Financial Bill), the Speaker of the Lok Sabha certifies the bill as a money bill before sending it to the upper house, and the decision of the Speaker is binding on both the Houses.

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Answered by rsethulekshmi1
0

Answer:

the money bills are certified by speaker.

Explanation:

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