fbpx
Search
Close this search box.

Money Bills

Aadhar Act as Money Bill
In 2021, the Supreme Court, in a majority verdict, refused to review its 2018 judgment upholding the validity of the Aadhaar Act and its certification as a Money Bill.
Justice Chandrachud gave a dissenting opinion in the 2021 Review case.
The majority disagreed with him.
  • The Chief Justice of India agreed to list petitions challenging the use of the Money Bill route by the Centre to pass contentious amendments in Parliament.
  • In November 2019, a five-judge Bench headed by the Chief Justice referred the Money Bill question to a seven-judge Bench in the case of Rojer Mathew vs. South Indian Bank Ltd.
  • The core issue is whether such amendments could be passed as a Money Bill, bypassing the Rajya Sabha, in violation of Article 110 of the Constitution.
  • A Money Bill is a financial legislation that contains provisions exclusively related to revenue, taxation, government expenditure and borrowing.
  • A Money Bill is restricted to provisions dealing with financial matters under clauses (a) to (g) of Article 110(1), including the appropriation of money from the Consolidated Fund of India and taxation.
  • The reference includes legal questions about amendments made from 2015 onwards in the Prevention of Money Laundering Act (PMLA) through Money Bills, which granted the Enforcement Directorate extensive powers of arrest and raids.
  • Although the court upheld the legality of the PMLA amendments, it left the question of their passage as Money Bills to the seven-judge Bench.
  • The case also questions the passage of the Finance Act of 2017 as a Money Bill, which altered appointments to 19 key judicial tribunals.

Dig Deeper: Read about the Supreme Court verdict in the Justice K. S. Puttaswamy (Rtd) verdict.

National Task Force

The National Task Force (NTF), constituted by the Supreme Court in response to the R.G. Kar Medical College case, has…

Parliamentary Standing Committee of Defence on Non-Kinetic Warfare

The Parliamentary Standing Committee on Defence have discussed Indian armed forces’ preparedness for hybrid warfare, a growing concern due to…

Restatement of Values of Judicial Life

Concerns about the Prime Minister’s visit to the Chief Justice of India’s residence for Ganesh Puja were discussed in public…

Delay in Constituting Parliamentary Standing Committees

The functions of each standing committee are:To review the demands for grants of the concerned ministries/departments before discussion and voting…

Aero-Engines for Su-30MKI Aircraft

Buy (Indian): This category involves procuring products from an Indian vendor under two conditions:• Either the products are indigenously designed,…

Appointment of alderman by Lieutenant Governor

The Supreme Court held that the authority of the Lieutenant-Governor (L-G) of Delhi to nominate 10 persons with special knowledge…