SHORT ANSWER:
The President of India has the power to veto bills under Article 111 of the Constitution.
DETAILS:
- The President can return a bill for reconsideration if it is not a money bill.
- If the bill is passed again by the Parliament, the President must give assent.
- The President can also withhold assent to a bill.
PUNISHMENT / IMPLICATIONS (if applicable):
- No punishment; it is a constitutional provision.
SOURCE:
- Constitution of India, Article 111
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