History & Civics
What is the difference between a money bill and a non-money bill?
Union Parliament
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Answer
The differences between a money bill and a non-money bill are as follows:
| Non-money bill | Money Bill |
|---|---|
| It can be introduced in either Lok Sabha or Rajya Sabha. | It can be introduced only in Lok Sabha. |
| Ordinary Bill can be introduced without the recommendation of the President. | Money Bill can be introduced only on the recommendation of the President. |
| Either a Minister or private member can introduce ordinary bill. | Only a Minister is allowed to introduce Money Bill in the Parliament. |
| If the Ordinary Bill originated in the Lok Sabha, then it does not require the approval of the speaker when transmitted to Rajya Sabha. | Money Bill requires the certification of the Lok Sabha Speaker when transmitted to Rajya Sabha. |
| The Rajya Sabha has the power to detain the Ordinary Bill for a period of 6 months. | The Money Bill can be detained for a maximum period of 14 days only by the Rajya Sabha. |
| Ordinary Bill can be returned for reconsideration, accepted or rejected by the President. | Money Bill cannot be returned for reconsideration by the President. The President can only accept or reject it. |
| In case of deadlock on Ordinary Bill there is a provision of a joint sitting. | In case of Money Bill, if there is a deadlock, there is no provision of a joint sitting. |
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