Article 117 of the Constitution of India deals with Financial Bills and requires the recommendation of the President for certain types of financial legislation. However, Rule 85(2) of the Rules of Procedure and Conduct of Business in Lok Sabha specifically exempts amendments that seek to abolish or reduce a proposed tax from requiring the President's recommendation.
If any member desires to move an amendment to a Bill, no previous sanction or recommendation of the President shall be required, if an amendment seeks to
Asked in UPSC SO Steno 2018 · Topic: The Parliament (Legislative Procedure: Types of Bills (Ordinary, Money, Financial, Constitution Amendment) and their passage)
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Answer: A. abolish or reduce the limits of the tax proposed in the bill or amendment
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