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Anonymous Funding of Political Parties

In his budget speech on February 2, 2017 the Finance Minister Arun Jaitley proposed to bring down the amount of anonymous contributions by individuals to political parties from Rs. 20,000 to Rs 2,000. This proposal was made following a recommendation by the Election Commission calling for transparency in collection of funds by political parties. Although […]

Political Funding in India: Overview of Rules and Recent FCRA Amendment

The funding of political parties is one of the major issues related to election finance reforms in India. Other major issues include political expenditures, disclosure norms, state funding of elections etc. The issue of political funding pertains to various laws including RoPA, Conduct of Election Rules, 1961; Companies Act, 2013; Income Tax Act, 1961; Foreign Contribution (Regulation) Act […]