what are the different stages for passing the bill? how is a money bill different from an ordinary bill?
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A bill deemed to be money bill if it contains “only provisions dealing with imposition, abolition, remission, alteration or regulation of any tax”. An Ordinary Bill can be introduced in any of the Houses of Parliament while money bill can only be introduced in the Lok Sabha.
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1
Answer:
A bill deemed to be money bill if it contains “only provisions dealing with imposition, abolition, remission, alteration or regulation of any tax”. An Ordinary Bill can be introduced in any of the Houses of Parliament while money bill can only be introduced in the Lok Sabha.
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