With reference to Indian Parliament, which one of the following is not correct?

1. AThe Appropriation Bill must be passed by both the Houses of Parliament before it can be enacted into law
2. BNo money shall be withdrawn from the Consolidated Fund of India except under the appropriation made by the Appropriation Act
3. CFinance Bill is required for proposing new taxes but no additional Bill/Act is required for making changes in the rates of taxes which are already under operation.
4. DNo Money Bill can be introduced except on the recommendation of the President