If the Rajya Sabha fails to return or take action on a Money Bill passed by the Lok Sabha within a specified timeframe, it is deemed to have been passed by both houses of Parliament. What is this time limit?
Parliament, Lok Sabha, Rajya Sabha & Legislative Procedure — question ID 1006
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Explanation
Under Article 109 of the Indian Constitution, a Money Bill cannot be introduced in the Rajya Sabha. Once passed by the Lok Sabha, it is transmitted to the Rajya Sabha for its recommendations. The Rajya Sabha must return the bill with or without recommendations within 14 days. If it fails to do so, the bill is deemed passed by both houses in the form it was passed by the Lok Sabha.