SHORT ANSWER:
Money bills must be introduced in the Lok Sabha, ensuring parliamentary control over public funds.
DETAILS:
- Money bills can only be introduced in the Lok Sabha, which promotes accountability.
- The Rajya Sabha can only make recommendations on money bills, limiting its power and ensuring quicker passage.
- The Finance Minister must present the budget, providing transparency in government spending.
PUNISHMENT / IMPLICATIONS (if applicable):
- Failure to comply with the provisions can lead to legal challenges and financial mismanagement.
SOURCE:
- Article 110 of the Constitution of India
Related Questions: