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Whose prior permission is required before the money bill is introduced in the Lok Sabha?

Whose prior permission is required before the money bill is introduced in the Lok Sabha?

the President of India
A money bill can only be introduced in parliament with prior permission of the President of India. Finance bill is supposed to be enacted within 75 days (including the Parliament voting and the President assenting).

Does money bill require prior permission of President?

There are some bills which require the prior recommendation of the President before their introduction in the Parliament. These bills are: Money Bill & Finance Bill. State Bills which impose the restrictions upon freedom of trade.

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Who can introduce a Bill in Lok Sabha?

The legislative process begins with the introduction of a bill in either house of Parliament, i.e. the Lok Sabha or the Rajya Sabha. A bill can be introduced either by a minister or by a private member. In the former case it is known as a government bill and in the latter case it is known as a private member’s bill.

Who consent is required for a money bill to be introduced in a state assembly?

The Governor of a state nominates the Chairman of Legislative Council of that particular state.

Who can introduce a money bill?

Lok Sabha
A Bill may be introduced in either House of Parliament. However,a Money Bill can not be introduced in Rajya Sabha.It can only be introduced in Lok Sabha with prior recommendation of the President for introduction in Lok Sabha.

Can money bill be introduced by private member?

Both ministers or private members can introduce the bill. Only the ministers are allowed to introduce the bill.

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Which bill does not require prior recommendation of the President?

Notes: Constitution amendment bill can be introduced either by a minister or by a private member and does not require prior permission of the president.

Who can introduce a Money Bill?

Can Money Bill be introduced by private member?

Can Rajya Sabha reject money bill?

Rajya Sabha cannot amend or reject a money bill. It should return the bill to the Lok Sabha within 14 days, either with recommendations or without recommendations.

Which bill can be introduced only on the recommendation of the President?

(v) Financial Bill Category A can only be introduced in the Lok Sabha on the recommendation of the President. However once it has been passed by the Lok Sabha, it is like an ordinary Bill and there is no restriction on the powers of the Rajya Sabha on such Bills.