SHORT ANSWER:
A bill is classified as a money bill if it exclusively deals with matters related to taxation, borrowing, or expenditure from the Consolidated Fund of India.
DETAILS:
- According to Article 110 of the Constitution of India, a Money Bill can only contain provisions for:
- Imposition, abolition, remission, alteration, or regulation of any tax.
- Regulation of borrowing by the Government of India.
- Custody of the Consolidated Fund or the payment of money into or withdrawal from the Fund.
- Any matter incidental to the above.
PUNISHMENT / IMPLICATIONS (if applicable):
- If a bill is incorrectly classified as a Money Bill, it may be declared invalid.
SOURCE:
- Constitution of India, Article 110
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