How does a money bill become an act?
A money bill is a particular type of financial bill that, broadly, deals either with taxation, the financial obligations of the government, or the Consolidated Fund of India.
The legislative process involved is very similar to that of ordinary bills — the differences give the Lok Sabha more authority, help avoid deadlocks, and minimize delays.
For instance, such a bill can only be introduced in the Lok Sabha, and if the Rajya Sabha takes more than 14 days to decide upon it, it is deemed to have been passed by both houses.
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Data used to create the above flowchart was obtained from official Lok Sabha and Rajya Sabha websites on October 7, 2013:
http://www.parliamentofindia.nic.in/ls/intro/p4.htm
http://www.parliamentofindia.nic.in/ls/intro/p5.htm
http://164.100.47.132/LssNew/abstract/money_bills.htm
http://164.100.47.132/LssNew/Legislation/Legislation.aspx
http://rajyasabha.nic.in/rsnew/legislation/introduction.asp
Additional information used was obtained from Articles 107–119 of the Constitution of India:
https://en.wikisource.org/wiki/Constitution_of_India/Part_V
http://www.parliamentofindia.nic.in/ls/intro/p4.htm
http://www.parliamentofindia.nic.in/ls/intro/p5.htm
http://164.100.47.132/LssNew/abstract/money_bills.htm
http://164.100.47.132/LssNew/Legislation/Legislation.aspx
http://rajyasabha.nic.in/rsnew/legislation/introduction.asp
Additional information used was obtained from Articles 107–119 of the Constitution of India:
https://en.wikisource.org/wiki/Constitution_of_India/Part_V