Money Bill

Definition

A Bill that deals only with matters specified in Article 110, such as taxation, government borrowing, and the Consolidated Fund of India, certified as such by the Speaker of the Lok Sabha.

Key points

• Defined in Article 110; the Speaker's certification that a Bill is a Money Bill is final.
• Can be introduced only in the Lok Sabha, and only on the President's recommendation.
• The Rajya Sabha can only suggest amendments within 14 days; the Lok Sabha may accept or reject them, so the Rajya Sabha cannot block it.
• Every Money Bill is a Financial Bill, but not every Financial Bill is a Money Bill.
• The Finance Bill (which gives effect to the Budget's tax proposals) is a common example.

Why it matters for CAPF

The Article 110 definition, the Speaker's certifying role, and the limited Rajya Sabha powers are standard parliament-procedure facts.

Common confusion

Money Bill (Art 110, Speaker certifies) versus the broader Financial Bill (Art 117); the Rajya Sabha can delay a Money Bill only 14 days and cannot reject it.

Parent note

parliament