Who has the final authority to decide whether a Bill introduced in the Lok Sabha is a Money Bill or an ordinary Bill?

💡 Solution & Explanation

Article 110 clause 3 of the Indian Constitution vests the Speaker of the Lok Sabha with the absolute and final authority to certify whether any legislative proposal constitutes a Money Bill. This certification is legally binding and immune from judicial review or challenge in the upper house. A Money Bill can only be introduced in the Lok Sabha on the recommendation of the President.