SHORT ANSWER:
A Money Bill can only be introduced in the Lok Sabha and requires the Governor's assent after being passed, while an ordinary bill can be introduced in either house and has different assent requirements.
DETAILS:
- A Money Bill is defined under Article 110 of the Indian Constitution and can only be introduced in the Lok Sabha.
- The Rajya Sabha can only make recommendations on a Money Bill, which the Lok Sabha may or may not accept.
- An ordinary bill can be introduced in either the Lok Sabha or the Rajya Sabha.
- Both types of bills require the President's assent after being passed by Parliament, but the President cannot return a Money Bill for reconsideration.
PUNISHMENT / IMPLICATIONS (if applicable):
- No specific punishment; however, improper classification of a bill can lead to legal challenges.
SOURCE:
- Constitution of India, Article 110 (Money Bill) and Article 111 (Assent to Bills).
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