Q441
By which bill, Government presents a proposal for annual revenue collection?
A.
Money bill
B.
Finance bill
AnswerC.
Ordinance
D.
None of these
Answer: Option B
Solution
Answer: Option B
Solution:
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.