Indian Polity FINANCE BILL - Lok Sabha Vs Rajya Sabha - Finance Minister Hon'ble Nirmala Sitharaman

BENEVOLENT IAS ACADEMY, COIMBATORE
FOR UPSC, TNPSC BANK AND SSC

FINANCE BILL (I) & FINANCE BILL (II)
ART 117 (1) & ART 117 (3)
Constitution Sub article
Article 117(1) in Constitution of India
(1) A Bill or amendment making provision for any of the matters specified in sub-clauses (a) to (f) of clause (1) of article 110 shall not be introduced or moved except on the recommendation of the President and a Bill making such provision shall not be introduced in the Council of States:
Provided that no recommendation shall be required under this clause for the moving of an amendment making provision for the reduction or abolition of any tax.

Constitution Sub article
Article 117(3) in Constitution of India
(3) A Bill which, if enacted and brought into operation, would involve expenditure from the Consolidated Fund of India shall not be passed by either House of Parliament unless the President has recommended to that House the consideration of the Bill.

Indian Parliament
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