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Money bill must be introduce in
Lok Sabha
Rajya Sabha
In either House
None
Procedure for a Money Bill: Money Bills can be introduced only in Lok Sabha (the directly elected 'people's house' of the Indian Parliament). A money bill must be returned to the Lok Sabha within 14 days, or the bill is deemed to have passed both houses in the form it was originally passed by the Lok Sabha. Hence option 1st is correct.
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