What are the special provisions for financial Bills?
As per Article 117 of the Constitution of India, a Bill or amendment making provision for any of the matters specified in sub-clauses (a) to (f) of clause (1) of Article 110 shall not be introduced or moved except on the recommendation of the President, and such a Bill shall not be introduced in the Council of States. No recommendation shall be required for moving an amendment making provision for the reduction or abolition of any tax. A Bill or amendment shall not be deemed to make provision for any of the matters aforesaid if it provides for the imposition of fines, pecuniary penalties, or fees for licenses or services rendered, or if it provides for the imposition, abolition, remission, alteration, or regulation of any tax by any local authority or body for local purposes. A Bill which, if enacted and brought into operation, would involve expenditure from the Consolidated Fund of India shall not be passed by either House of Parliament unless the President has recommended to that House the consideration of the Bill.