Judicial Review and Money Bills
Published By: National Institute of Public Finance and Policy | Published Date: March, 07 , 2017Under the Constitution of India, for a bill to be enacted into a law, it has to be approved by both Houses of the Parliament - the Lower House (Lok Sabha) and the Upper House (Rajya Sabha). There is one exception to this general rule. A bill certified as a ‘money bill’ by the speaker of the Lower House can be enacted into a law by the Lower House alone, without any approval from the Upper House. The scope of what could constitute a ‘money bill’ is defined in the Constitution of India.
Author(s): Pratik Datta, Shefali Malhotra, Shivangi Tyagi | Posted on: May 26, 2017 | Views() | Download (458)