Your Total Savings ₹50000 What is the difference between a Money Bill and an Ordinary Bill?
The main difference is that a Money Bill deals with matters of taxation, government expenditure, borrowing, or the Consolidated Fund. An Ordinary Bill covers a wide range of legislative matters, excluding those specific to a Money Bill.
What is the difference between an Ordinary Bill, Money Bill, and Finance Bill?
An Ordinary Bill covers general legislative matters. A Money Bill deals with taxation, government expenditure, etc. A Finance Bill specifically pertains to the government's financial policies, such as tax proposals, allocation of funds, and other monetary matters.
What is an Ordinary Bill?
An Ordinary Bill refers to a proposed law introduced in the Indian Parliament that does not fall under the category of a Money Bill or a Constitutional Amendment Bill. It covers various legislative matters.
How is an Ordinary Bill passed?
An Ordinary Bill is introduced in either house of Parliament, goes through several stages of debate and scrutiny, and requires the approval of both the Lok Sabha and the Rajya Sabha before being sent for the President's assent.
What is an example of an Ordinary Bill?
An example of an Ordinary Bill could be the introduction of a new law on education, labor, healthcare, or any other non-financial matter that does not pertain to taxation, government expenditure, or borrowing.