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प्रश्न
In the context of the Union Parliament, describe the Financial Powers of the Union Parliament.
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उत्तर
Financial Powers of Parliament:
- The Budget: The Parliament passes the annual Union Budget containing the estimates of receipts and expenditure of the government for a financial year. The Budget is presented in two parts, namely, the Railway Budget and the General Budget.
- Supplementary Grants: If the amount authorised for the current financial year is not sufficient, the government may make a fresh demand known as the ‘Supplementary Grant’. It is also passed in the same manner as the Annual Budget is passed.
- Votes on Account: If the Union Budget is not passed before the beginning of the new financial years, i.e., April 1, then here would be no money for the government to spend. There is, therefore, a device known as ‘Vote on Account’ which authorises the government to draw funds from the Consolidated Fund of India until the Budget is passed by the Parliament.
- Fixation of Salaries: The salaries and allowances of MPs and Ministers are determined by the Parliament.
- Permission for Taxes: No tax can be imposed or money spent by the Government without the approval of the Parliament.
Notes
Students should refer to the answer according to their questions.
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संबंधित प्रश्न
With reference to the Union Parliament, answer the following questions:
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The tenure of the members of the Lok Sabha and the Rajya Sabha.
Mention any one situation when both the houses of Parliament meet for a joint session.
Who summons the budget session every following year?
What happens if either the Parliament or a State Legislature passes any law that is against the Constitution?
What are the facilities and allowances given to a Member of Parliament?
Describe how Parliament controls the executive through Adjournment Motion?
Mention three instances when the Parliament can make laws on the subjects entered in the State list.
Which category of power is being exercised by the President in the following:
- Approval of Bills.
- Appointment of the Supreme Court judges.
The Union Legislature of India is not only the law-making body, but the center of all democratic political process. With reference to the Parliament, answer the following question:
Mention any four legislative powers of the Parliament.
