Explanation:

Essentially a Money bill has the following features:

It can be introduced only in the Lok Sabha (lower chamber of the Parliament)
The bill is placed in Rajya Sabha (Upper chamber of the Parliament) thereafter and Rajya Sabha can return the Bill with or without its recommendations.
In any case, the Bill has to be returned within a period of 14 days from the date of its receipt by Rajya Sabha. Otherwise it is deemed to have been passed by both Houses at the expiration of the said period in the form in which it was passed by Lok Sabha.
If the bill is returned to Lok Sabha without recommendation, a message to that effect is reported by the Secretary-General to the Lok Sabha if in session, or published in the Bulletin for the information of the members of the Parliament, if it is not in session. The Bill shall then be presented to the President for his assent.
If the bill is returned to the Lok Sabha with amendments it has to be laid on the Table of the House and taken up for consideration.
However, Lok Sabha is not bound to accept these amendments.  Lok Sabha, under Article 109 of the Constitution, has the option to accept or reject all or any of the recommendations made by Rajya Sabha. In any case, Lok Sabha has to inform Rajya Sabha about the status of their recommendations, as to whether they have been accepted or not. It is not that Lok Sabha does not accept any of the recommendations of Rajya Sabha. For instance, in the Income Tax Bill, 1961, Rajya Sabha did recommend a number of amendments of substantial character, all of which were agreed to by Lok Sabha.[1]
If Lok Sabha accepts any amendments as recommended by the Rajya Sabha, the Bill shall be deemed to have been passed by both the Houses of the Parliament ‘with the amendments recommended by the Rajya Sabha and accepted by the Lok Sabha’ and a message to that effect has to be sent to the Rajya Sabha.
If Lok Sabha does not accept the recommendations of the Rajya Sabha, the Bill shall be deemed to have been passed by both the Houses in the form in which it ‘was passed by the Lok Sabha without any of the amendments recommended by the Rajya Sabha’.
In all other bills final passing of the bill happens at Rajya Sabha. In case of money bills, final passing happens at Lok Sabha and then it is sent to the President for his assent.
Unlike other bills, the President cannot return the Money Bill with his recommendations to the Lok Sabha for reconsideration.ll cannot be introduced except on the recommendation of the President.....