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of <h1>Presidential Powers Limit Financial Bill Introductions, Mandate Specific Recommendations for Taxation and Spending Amendments</h1> This statutory provision outlines special rules for financial Bills in the Indian Constitution. It requires presidential recommendation for Bills related to taxation, spending, or financial matters. Certain financial amendments can be introduced without presidential recommendation, specifically those reducing or abolishing taxes. Bills involving expenditure from the Consolidated Fund of India must receive presidential recommendation before passage in either parliamentary house.
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