What is the special feature of money bill
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In case of a money bill, Rajya Sabha has no power to reject it. It has only the delaying power for 14 days.
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The money bill is introduced in Lok Sabha only
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The money bill is introduced in Lok Sabha only
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Explanation:
(i) money bill is relates to the finance of the country.
(ii) It can only be introduced in the lok sabha because lok sabha represents the will of the people. (hence it is reponsible for people who pay taxes)
(iii) The rajya sabha cannot reject it. The rajya sabha can only delay it by 14 days or suggest recommendations(changes) in it.
(iv)The lok sabha may or may not accept these changes.
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