Powers of Parliament about Money Bills.

As we know from the Constitution itself, the Lok Sabha has the maximum power to pass a Money Bill in Parliament. The Rajya Sabha has limited powers in this matter. A money bill can be proposed in Lok Sabha itself and Rajya Sabha can give its recommendation only, but it depends on Lok Sabha whether it is accepted or not. The President also has limited power in this matter. When Parliament is made up of Lok Sabha and Rajya Sabha, then why the powers of Rajya Sabha are limited in many ways. How appropriate is it to give all rights to the Lok Sabha to advise and repeal it, in an important bill like a money bill? Members, please give your views on this subject.