Showing posts with label Money Bills originate only in the Lok Sabha. Show all posts
Showing posts with label Money Bills originate only in the Lok Sabha. Show all posts
Thursday, December 29, 2011
Money Bill versus Ordinary Bill
Money Bills originate only in the Lok Sabha. If a dispute arises as to whether a Bill is a Money Bill or not, the decision of the Speaker of Lok Sabha is final. Rajya Sabha has no power to reject a Money Bill. It can only make recommendations, ie, suggestions. The Lok Sabha may accept or reject all or any of the recommendations of the Rajya Sabha.
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