Question

what is
money bill? How is it passed?​

Answer 1

Explanation:

A Money Bill may only be introduced in Lok Sabha, on the recommendation of the President. It must be passed in Lok Sabha by a simple majority of all members present and voting. Following this, it may be sent to the Rajya Sabha for its recommendations, which Lok Sabha may reject if it chooses to.

Answer 2

Answer:

A bill deemed to be money bill if it contains “only provisions dealing with imposition, abolition, remission, alteration or regulation of any There cannot be a joint sitting of both Houses on a Constitution Amendment Bill. ... In the case of a Money Bill or a Bill passed at a joint sitting of the Houses, the Lok Sabha Secretariat obtains assent of the President. The Bill becomes an Act only after the President has given assent to it.First, a representative sponsors a bill. ... If released by the committee, the bill is put on a calendar to be voted on, debated or amended. If the bill passes by simple majority (218 of 435), the bill moves to the Senate. In the Senate, the bill is assigned to another committee and, if released, debated and voted on.