When the Supreme Court last February struck down the electoral bonds scheme as unconstitutional, the landscape of political funding in India shifted dramatically. Yet, this shift wasn't entirely new.
Notably, the SBI has sole access to the details of those who purchased electoral bonds. The Supreme Court on Thursday struck down the validity of the electoral bonds, a controversial political ...
Electoral bonds have been mentioned in the new Income Tax Bill's Schedule VIII which deals with 'Income not to be included in the total income of political parties and electoral trusts'.
New Delhi, About 82 per cent of the total income from unknown sources declared by national political parties in 2022-23 came from electoral bonds, according to a poll rights body. The Association ...
India’s Electoral Commission (EC) is currently petitioning the Supreme Court against the legality of electoral bonds, a political funding mechanism that allows for anonymous donations.
Electoral bonds worth over Rs 5,800 crore were bought by donors to fund political parties between March 1, 2018 and May 10, 2019, a Right to Information reply has said. Seventy-six percent of ...
A five-judge Constitution Bench headed by Chief Justice of India (CJI) D.Y. Chandrachud on Tuesday started hearing a slew of petitions challenging the electoral bonds scheme including those filed ...
The recent amendment to the Electoral Bond Scheme, 2018, was conceived nearly 20 months ago in March 2021 and the sale of the first tranche of electoral bonds was “illegal” according to Right ...