It is defined as a bill that contains matters not only related to Article 110 (Money Bill) but also other matters of finances.
Its similarity with money bill:
It is introduced only in Lok Sabha similar to Money Bill.
It is introduced only on the recommendation of President.
Its difference with money bill:
It can be either rejected or amended by the Rajya Sabha which is not the case with money bill.
There is a provision of joint sitting summoned by President in case of deadlock.
President can give his assent, withhold the bill or can even return the bill for reconsideration.
It is defined as a bill that solely deals with provisions involving expenditure from the Consolidated Fund of India and does not include any matter of money bill (Article 110.)
It is treated as an ordinary bill in all respects unlike Financial Bill (I)
Special Feature: It cannot be passed by either house of the Parliament unless the President has recommended them for consideration of the bill
It can be either rejected or amended by either House of Parliament
There is a provision of joint sitting summoned by President in case of deadlock
President can give his assent, withhold the bill or can even return the bill for reconsideration
What has the Court said?
Speaker’s decision could be challenged in court only under “certain circumstances”.
The Aadhaar Act was rightly called a Money Bill.
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