WebSep 19, 2024 · New Delhi: The Election Commission has proposed bringing down anonymous political donations from Rs 20,000 to Rs 2,000 and cap cash donations at 20 percent or at a maximum of Rs 20 crore to cleanse election funding of black money, sources said on Monday. Chief Election Commissioner (CEC) Rajiv Kumar has written a letter to … WebFeb 16, 2024 · Letter no. 76/Instructions/2024/EEPS dated 30.11.2024 regarding Clarification - Revision of threshold Election Expenditure/Donation through cash transaction in a single day by the candidates/political parties above Rs. 10,000/- by Cheque, DD, RTGS/NEFT or other electronic mode etc. The Commission...
Election Commission seeks limits on cash donations to …
WebSep 20, 2024 · Official sources said, the poll body has proposed to decrease the limit of anonymous political donations from 20 thousand rupees to two thousand rupees and sought to restrict cash donations at … WebSep 20, 2024 · Official sources said the poll body has proposed to decrease the limit of anonymous political donations from 20 thousand rupees to two thousand rupees and sought to restrict cash donations to 20 per cent or a maximum of 20 crore rupees out of the total funds received by a party. ALSO READ. sun damaged skin on scalp
ELECTION COMMISSION WRITES TO LAW MINISTRY, SEEKS …
WebAug 25, 2024 · Temporary Suspension of Limits on Charitable Contributions. In most cases, the amount of charitable cash contributions taxpayers can deduct on Schedule A as an itemized deduction is limited to a percentage (usually 60 percent) of the taxpayer’s adjusted gross income (AGI). Qualified contributions are not subject to this limitation. WebSep 20, 2024 · The Commission found that while donations reported by some political parties were nil, their audited accounts statement showed receipt of huge amounts, proving large-scale transactions in cash, below the threshold limit of ?20,000. Proposal by the Election commission: To bring reforms and transparency in donations received by … As per rules, political parties have to disclose all donations above Rs 20,000 through their contribution report that is submitted to the EC. Digital or Cheque Transactions: Make digital transactions or account payee cheque transfers mandatory for all expenses above Rs 2,000 to a single entity/person. Limit Cash … See more Recently, the Election Commission of India (ECI) has suggested a slew of amendments to RP (Representation of People Act) Act, … See more sun day hurtownia