What is money bill?
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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.
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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.
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