Explanation:

Article 110 of the Constitution deals with the definition of money bills. It includes the following matters:

•  The imposition, abolition, remission, alteration or regulation of any tax;
•  The regulation of the borrowing of money by the Union government; The custody of the Consolidated Fund of India or the contingency fund of India, the payment of moneys into or the withdrawal of money from any such fund;
•  The appropriation of money out of the Consolidated Fund of India
•  Declaration of any expenditure charged on the Consolidated Fund of India or increasing the amount of any such expenditure;
•  The receipt of money on account of the Consolidated Fund of India or the public account of India or the custody or issue of such money, or the audit of the accounts of the Union or of a state; or
•  Any matter incidental to any of the matters specified above.
• However, a bill is not to be deemed to be a money bill by reason only that it provides for:
•  The imposition of fines or other pecuniary penalties, or
•  The demand or payment of fees for licenses or fees for services rendered; or
•  The imposition, abolition, remission, alteration or regulation of any tax by any local authority or body for local purposes.

If any question arises whether a bill is a money bill or not, the decision of the Speaker of the Lok Sabha is final.