SHORT ANSWER:
The President can either withhold assent to a bill or return it for reconsideration, depending on the circumstances.
DETAILS:
- Withholding assent means the President does not approve the bill.
- Returning a bill means the President sends it back to Parliament for reconsideration, usually if it is not in line with the Constitution or requires further discussion.
PUNISHMENT / IMPLICATIONS (if applicable):
- No direct punishment; however, the bill may not become law if assent is withheld.
SOURCE:
- Article 111 of the Constitution of India
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