Examveda
Examveda

By which bill, Government presents a proposal for annual revenue collection?

A. Money bill

B. Finance bill

C. Ordinance

D. None of these

Answer: Option B

Solution(By Examveda Team)

Finance bill includes taxation proposals for annual revenue collection. It is introduced in Lok Sabha every year with the general Budget. The passing of finance bill legalizes the income side of budget.

This Question Belongs to General Knowledge >> Indian Politics

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