The Indian Parliament legislates with the use of governmental acts. Only after the draft bills are passed by the Parliament, these acts are introduced into the Indian Constitution. There are various types of bills that are introduced in the parliament to enact law.

What Is A Bill?

A bill is said to be a draft statute that is presented in either houses of the Parliament only after being passed by both the houses of the Parliament and it has received president’s assent. These are legislative proposals that are introduced in the forms of bills.

Types of Bills In India

1. Ordinary Bills

   As per Articles 107 and 108 of the Indian Constitution, an ordinary bill is concerned with any matter other than financial subjects. An ordinary bill is introduced in either House of the Parliament. This bill is introduced by Minister or a Private member. There is no recommendation of President in case of ordinary bill. Ordinary bill can be amended/rejected by Rajya Sabha and it can be detained by Rajya Sabha for a period of six months. After being passed by both the houses of Parliament, it is presented to the President for his approval or assent under Article 111 of the Indian Constitution. There is a provision of joint sitting in case of ordinary bill.
    

2. Money bills

   Money bills are those bills which are concerned with financial matters like taxation, public expenditure, etc. These are those bills that contain provisions that deal with all or any of the matters specified in Article 110 of the Indian Constitution. This bill is presented only in Lok Sabha. It is introduced only by the Minister. Money bill is introduced only after President’s recommendation. This bill cannot be amended or rejected by Rajya Sabha. It can be detained by Rajya Sabha for the maximum period of 14 days. Money bill is then sent to the President for his approval only after being passed Lok Sabha. There is no provision of joint sitting in case of money bill.
    

3. Financial bill

   As per Article 117 of the Indian Constitution, financial bills are those bills which are concerned with financial matters but are different from money bills. Financial bills are further classified as Financial bills Categories A and B. Category A Bills contain provisions dealing with any of the matters specified in sub- clause a to f of clause 1 of Article 110 Indian Constitution and Category B Bills involve expenditure from the Consolidated Fund of India.
    

4. Constitutional Amendment Bill

   Article 368 of the Indian Constitution is concerned with the provisions of amendment of the Constitution.
    

5. Ordinance Replacing Bill

   This bill is brought before Parliament to replace an ordinance with or without modifications promulgated by President under Article 123 of the Indian Constitution.

 
References:

1. https://rajyasabha.nic.in/rsnew/legislation/introduction.asp
2. https://byjus.com/free-ias-prep/how-a-bill-is-passed-in-indian-parliament/