Editorial: A verdict on the Money Bill that India awaitsContextThe Supreme Court of India is poised to address pivotal questions concerning the definition and use of a Money Bill. The Finance Act significantly restructured 26 tribunals, abolished some, merged others, set qualifications for appointments, and outlined service conditions. The Speaker of the Lok Sabha has the final authority to decide whether a Bill is a Money Bill (Article 110(3)). The Case of Finance Act, 2017The Finance Act, 2017, included provisions that went beyond the scope defined in Article 110(1). ConclusionThe Supreme Court’s upcoming decision on the definition and use of Money Bills will have far-reaching consequences.

Source: The Hindu August 03, 2024 06:55 UTC