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Money Bills Article 110 – Indian Polity UPSC Notes | Target IAS Kannada

A bill is considered a Money Bill if it contains provisions dealing solely with the following:1.Taxes: Imposition, abolition, remission, alteration, o
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Money Bills (Article 110 of the Constitution):

A bill is considered a Money Bill if it contains provisions dealing solely with the following:

  1. Taxes: Imposition, abolition, remission, alteration, or regulation of any tax.
  2. Borrowing: Regulation of borrowing by the Union government.
  3. Funds: Custody, payment, and withdrawal of money from the Consolidated Fund of India or the Contingency Fund of India.
  4. Appropriation: Allocation of money from the Consolidated Fund of India.
  5. Expenditure: Declaration or increase of expenditure charged on the Consolidated Fund of India.
  6. Receipts: Handling of money in the Consolidated Fund or Public Account of India, or audit of accounts.
  7. Incidental Matters: Any matter related to the above.

Key Features of Money Bills:

  1. Not Deemed as Money Bill: A bill is not considered a Money Bill solely for provisions related to:

    • Imposing fines or penalties.
    • Fees for licenses or services.
    • Taxation by local authorities for local purposes.
  2. Speaker's Authority:

    • The Speaker of the Lok Sabha decides if a bill is a Money Bill.
    • The decision is final and cannot be challenged in court, Parliament, or by the President.
  3. Special Procedure for Passing Money Bills:

    • Introduction: Can only be introduced in the Lok Sabha on the President's recommendation by a minister (government bill).
    • Lok Sabha's Role: Once passed, it is sent to the Rajya Sabha.
    • Rajya Sabha's Role:
      • Cannot reject or amend a Money Bill.
      • May recommend changes but must return the bill within 14 days.
      • If not returned in 14 days, the bill is deemed passed in its original form.
    • Finalization: Lok Sabha may accept or reject the Rajya Sabha's recommendations, and the bill is deemed passed accordingly.
  4. President's Assent:

    • The President may give or withhold assent but cannot return the bill for reconsideration.
    • Normally, the President assents as the bill was introduced with their prior recommendation.
  5. Lok Sabha's Dominance:

    • The Lok Sabha has more authority over Money Bills, unlike ordinary bills where both Houses have equal power.

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