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What will follow if a Money Bill is substantially amended by the Rajya Sabha”?
The Lok Sabha may still proceed with the bill accepting or not accepting the recommendations of the Rajya Sabha.
The Lok Sabha cannot consider the Bill further.
The Lok Sabha may send the bill to Rajya Sabha for reconsideration.
The President may call a joint sitting for the passage of the bill.
The Rajya Sabha has restricted powers with regard to a money bill. It cannot reject or amend a money bill. It can only make the recommendations. It must return the bill to the Lok Sabha within 14 days, wither with or without recommendations. The Lok Sabha can either accept or reject all or any of the recommendations of the Rajya Sabha.
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