The Finance Bill is introduced immediately after the presentation of the Budget. The introduction of the Bill cannot be opposed. The Appropriation Bills and Finance Bills may be introduced without prior circulation of copies to members.
As the Finance Bill contains taxation proposals, it is considered and passed by the Lok Sabha only after the Demands for Grants have been voted and the total expenditure is known.
The scope of discussion on the Finance Bill is vast and members can discuss any action of the Government of India. The whole administration comes under review.
The procedure in respect of Finance Bill is the same as in the case of other Money Bills.