Question

Whta is the difference between money bills and ordinary bills?

Answer 1

Money bills -
1) It can be introduced only in the Lok Sabha.
2) In this bill, Tajya Sabha can make only suggestions.
3) Rajya Sabha has to pass the bill within 14 days. Otherwise, Lok Sabha will asume the bill is passed

Ordinary bills-
1) It can be introduced either in the Lok Sabha or in the Rajya Sabha.
2) If there is a deadlock over an ordinary bill, the president will call for a joint session of both the houses.
3) It needs more time to pass than money bills.

Answer 2

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