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ANONYMOUS DONATIONS LAW
SC to hear Monday plea concerning cash donations received by political partiesThe Supreme Court will hear a plea challenging anonymous cash donations below Rs 2,000. This provision of the Income Tax Act is questioned ...
Regime change? Inside Reza Pahlavi's faltering bid to lead IranReza Pahlavi, the exiled son of Iran's last shah, is facing growing questions over his leadership ambitions despite years of campaigning fo...
Tax department steps up scrutiny of charitable trusts over disclosure mismatchesThe Income Tax Department is intensifying its review of charitable trusts and non-profits, demanding detailed fund utilisation and governan...
Rahul Gandhi cites media report on huge donations to 'anonymous parties' in Gujarat, asks 'will EC probe'Rahul Gandhi has raised concerns over a media report alleging that anonymously registered political parties in Gujarat received Rs 4,300 cr...
Income tax bill 2025 changes: Commuted pension, house property income, nil TDS, and other changes, you should knowThe revised Income Tax Bill 2025, approved by the Lok Sabha, addresses drafting errors from the previous version, set to take effect on Apr...
New I-T Bill restores exemption for anonymous donations to trusts, TDS refund claim filing procedureThe Lok Sabha has passed the new Income Tax Bill, retaining ITR filing provisions for TDS claims and tax exemptions for anonymous donations...
Parliamentary panel suggests relief in refunds to small tax payers if ITR not filed in due timeA parliamentary panel has suggested key changes to the Income-Tax Bill 2025, focusing on clarity and alignment with existing laws. The reco...
Electoral Bonds: Why are they banned & how will it affect BJP?Poll bonds: India’s Supreme Court has banned the use of anonymous electoral bonds by political parties for fundraising. This decision affec...
Govt okay with 2K cap for anonymous donationsThe Election Commission had written to the Law ministry last month reminding of its several pending reform proposals -- that political part...
CEC Rajiv Kumar writes to law ministry to cap cash donation to political partiesIn his letter written to Union law Minister Kiren Rijiju, CEC has proposed to cap cash donation at 20 per cent or at Rs 20 crore whichever ...
Slash cap on anonymous donations to parties: EC asks Law MinistryThe poll panel had written to the government in the middle of 2017 to amend Section 29C of the Representation of the People Act, 1951 to pu...
Election Commission to suggest cap on parties’ poll expenditureAccording to the study, 83% of total income of Congress, 65% of BJP, 94% of SP, 100% of BSP and 86% of SAD came from anonymous donations.
Open to suggestions on cleansing political funding, says Arun JaitleyIn a Facebook post, Jaitley said the conventional practice of funding the political system was to take donations as well as undertake expen...
EC looks at cashless funding to check black money in electionsZaidi's pitch came as experts suggested that efforts should be made to make donations to political parties totally cashless to usher in mor...
TMC demands state-funding of electionsRaising the issue through a Zero Hour mention, Dola Sen (TMC) said her party has during its 18 years of existence stood for electoral refor...
Political parties told to file tax return by December or lose exemptionIt is also changing the law to keep the identity of the donor confidential who buys the just-introduced electoral bonds from banks to make ...
People may lose faith in poll process: Election Commission"In order to safeguard the core values of fair and free elections..., it is important to have a just and unbiased electoral process," CEC N...
Political parties should reveal even Rs 1 donors: Bihar CM Nitish KumarThe Election Commission has urged the government to amend laws to ban anonymous contributions of Rs 2,000 and above made to political parti...
Election Commission seeks ban on anonymous contributions to parties above Rs 2000The Commission has also proposed that exemption of Income Tax should only be extended to political parties that contest elections and win s...
Tax anonymous donation to political party at 30 per cent rate: Assocham"Surprisingly, there is no penalty prescribed for not filing the return of income by a political party in time," Assocham said.