Political Funding
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SBI appeals to Supreme Court: Seeks extension of March 6 deadline for electoral bonds data submissio
India | March 04, 2024 20:49 ISTIn a bid to secure additional time, SBI has filed an urgent plea with the Supreme Court, citing the need for more time to compile and furnish the necessary data.
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Electoral Bonds: SC directs political parties to furnish receipts, donors' details to Election Commission
April 12, 2019 13:00 ISTIn an interim order, the apex court also directed all political parties to provide details of the amount of the bond and bank account of donors by May 30 to the poll panel.
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Electoral Bonds: Centre favours anonymity, but EC against
Elections | April 10, 2019 17:12 ISTMaking its submission in this regard to the apex court, the Centre justified why anonymity is a positive step in countering the flow of black money in the system.
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First batch of electoral bonds to go on sale from March 1-10: Finance Ministry
Politics | February 22, 2018 19:49 ISTThe bonds will be sold at main branches of SBI in four metro cities -- New Delhi, Mumbai, Kolkata and Chennai.
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Political parties collected Rs 1,500 crore in five assembly elections, spent just Rs 494 crore: ADR
Politics | February 15, 2018 19:38 ISTPolitical parties collected over Rs 1,500 crore during the five state assembly elections held last year but spent just Rs 494 crore, according to an analysis by ADR.
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Electoral bonds a step in right direction, but will not solve transparency issues in political funding: CEC
Elections | January 18, 2018 21:52 ISTThe commission had earlier said changes made in the election laws after the introduction of the bonds would compromise transparency in political fundings.
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Goverment open to proposals to further cleanse political funding, says Arun Jaitley
Politics | January 07, 2018 13:56 ISTIn a Facebook post, Jaitley said the conventional practice of funding the political system was to take donations as well as undertake expenditures in cash.
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To clean election financing, Modi Govt outlines contours of new electoral bonds
Politics | January 02, 2018 23:37 ISTFinance Minister Arun Jaitley today came out with contours of new 'electoral bonds' that can be bought from specified branches of SBI and used to donate money to political parties.
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Actively working towards clean political funding, says Arun Jaitley
Politics | July 22, 2017 15:06 ISTJaitley said for the past 70 years, Indian democracy has been funded by "invisible money".
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Political funding: Finance Bill removes cap on corporate donations, disclosure of beneficiaries' name
Politics | March 23, 2017 19:42 ISTAn amendment to the Companies Act of 2013 removes the cap that barred companies from donating more than 7.5 per cent of their average net profit to a political party.
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Of Rs 11,000 cr political parties received in 11 years, 69 pc came from unknown sources: ADR
Politics | January 24, 2017 18:28 ISTAs much as 69 per cent of the total income of six national parties and 48 regional parties in the last 11 years came from unknown sources, according to data collected by the Association for Democratic Reforms (ADR).
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BJP to play active role in ensuring transparency in political funding, says PM Modi
Politics | January 07, 2017 20:30 ISTPrime Minister Narendra Modi, who has been pitching the need for electoral reforms, on Saturday said the BJP will play a proactive role towards bringing in transparency in political funding. Addressing the Bhartiya Janata Party's
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Political funding 'loosely governed' under law: CEC
Politics | December 15, 2015 19:44 ISTNew Delhi: In a strong pitch for bringing about electoral reforms and an overhaul of laws governing political funding in the country, Chief Election Commissioner (CEC) Nasim Zaidi today said that almost eighty per cent of
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BJP poll expenses more than rest five national parties put together: Report
Politics | March 03, 2015 18:37 ISTThe declared expenses of political parties for Lok Sabha elections shot up by a whopping 400 per cent over the last decade, says a data analysis by Association for Democratic Reforms.Spending rate exceeded the rate
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Ambiguity in political funding continues: Most Electoral Trusts are yet to submit the donor list
Politics | February 06, 2015 19:16 ISTReports suggest that only one of the seven electoral trusts formed after January 2013 has submitted details of its donors to the Election Commission despite government guidelines requiring them to do so. This highlights the
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