What is the Difference Between Money Bill and Ordinary Bill?

Different bills are presented in the Parliament of India which can be differed as the Money Bill and Ordinary Bill. Moreover, they are both two different kinds of bills in India. Thus, both of them serve different purposes. Additionally, the Ordinary bill as the name suggests can be passed by the Lok Sabha, the lower house of the Indian Parliament and the Money Bill after its passage in the Lok Sabha moves to Rajya Sabha. Thus, scroll through to learn the difference between Money bill and Ordinary bill. 

Key Difference Between Money Bill and Ordinary Bill

Furthermore, here are the Key differences between the Bills: 

Difference between Money Bill and Ordinary Bill
Money Bill	Ordinary Bill
Only introduced in Lok Sabha.	Can be introduced in Lok Sabha and Rajya Sabha.
The minister introduces this bill.	Either the minister or any pirate member can introduce this bill.
The President’s recommendation is necessary for its introduction.	No presidential recommendation is required.
Rajya Sabha cannot amend or reject this bill. Lok Sabha can approve or reject this bill.	Rajya Sabha can amend or reject this Bill.
Rajya Sabha can detain this for 14 days only.	Rajya Sabha can detain this for 6 months.
Speaker requires certification.	Speaker does not require certification.
Printed on a paper that cannot be counterfeited in the future.	Printed on a normal piece of paper.

What is a Money bill?

Article 110 of the Indian Constitution defines the Money bill. In addition, it only deals with the following kinds of financial transactions- Imposition, Repeal, Remission, Alteration, or regulation of taxation. Hence, it is an important aspect of Indian polity and governance. 

Also Read: ED Comes Under Which Ministry?

What is an Ordinary Bill?

Articles 107 and 108 of the Indian Constitution define the Ordinary Bill. Moreover, this bill is concerned with other than financial property matters as per the legislation. Therefore, in the case of deadlock of the bill provision, a joint sitting takes place. 

Related Blogs

8 Types of Motions That Are Carried Out In The Parliament	Functions and Responsibilities of State
How Many State-Wise Lok Sabha Seats are there?	Representation of People’s Act
What is the Difference between Fundamental Rights and Directive Principles?	What is the Difference between Fundamental Duties and Directive Principles?
What is a Writ of Prohibition?	What is the Difference Between Fundamental Rights and Fundamental Duties?

This is everything about the difference between Money Bill and Ordinary Bill. Moreover, you may even read more blogs and empower yourself with knowledge regarding Civics and Polity!