Article 198 of CoI : Article 198: Special procedure in respect of Money Bills.
CoI
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Explanation using Example
Example 1:
The state of Maharashtra is planning its annual budget, which includes various financial proposals such as new taxes, allocation of funds for infrastructure projects, and subsidies for farmers. The Finance Minister introduces the Money Bill in the Maharashtra Legislative Assembly.
- The bill is debated and passed by the Legislative Assembly.
- The bill is then sent to the Maharashtra Legislative Council for its recommendations.
- The Legislative Council reviews the bill and suggests some changes, such as increasing the subsidy for farmers.
- The Legislative Council returns the bill to the Legislative Assembly within 14 days with its recommendations.
- The Legislative Ass...
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