Multiple choice

All the taxation proposals of the Government of India for a financial year are contained in the

  1. Appropriation Bill

  2. Finance Bill

  3. Vote on Account

  4. Money Bill
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The Finance Bill contains all taxation proposals for the financial year because it deals with imposition, abolition, remission, alteration, or regulation of taxes. While Money Bills relate to taxation and government finances generally, the Finance Bill specifically gives effect to the government's taxation proposals announced in the Union Budget. The Appropriation Bill only authorizes government expenditure from the Consolidated Fund.

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