Following are the financial and judicial powers of the Parliament.
Financial Powers of the Parliamemt:
- The Parliament enjoys control over the union finances.
- Every year the government places its budget before the legislature. and maintains order within the house vii The minimum age to become a member is 25 years. vii the minimum age to become a member is 30 years.
- The budget shows in detail the expected income of the government and the manner in which it would be spent.
- In addition to the budget, a finance bill is also introduced.
- It contains the proposal for new taxes as well as proposed changes in the existing taxes to meet the government expenditure.
- These proposals have to be approved by the legislature, failing which the government has to resign.
Judicial Powers of the Parliamemt::
- The Parliament has the power to remove the president and vice-president of India through the process of impeachment.
- It can also recommend to the president the removal of a judge of Supreme Court or High Court.
- Similar recommendations can be made about the chief election commissioner and auditor general.