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Political Donations
The Income Tax department has started sending SMS and email advisories to taxpayers for wrongful deduction claims related to unrecognised political parties or charitable institutions, the finance ministry said on Saturday. The Central Board of Direct Taxes (CBDT) said through data analysis it has observed that huge amount of bogus claims have been made on account of donation to Registered Unrecognised Political Parties (RUPPs) or Charitable Institutions and reduced their tax obligations and have also claimed bogus refunds. "A targeted NUDGE campaign has been launched as a taxpayer-friendly measure, providing them opportunity to update their ITRs and withdraw wrong claims, if any. SMSs and Email advisories are being issued from 12th December 2025 to such taxpayers on their registered mobile numbers and emails," the finance ministry said in a statement. The CBDT said that evidence gathered from enforcement actions indicated that RUPPs, many of which were non-filers, non-operational at
Congress leader Rahul Gandhi on Wednesday cited a media report which claimed that some "anonymous parties" in Gujarat received donations of Rs 4,300 crore between 2019-20 and 2023-24, and asked whether the Election Commission will investigate this or ask for an affidavit. There was no immediate reaction from the Election Commission (EC). Gandhi, the leader of opposition in the Lok Sabha, shared on X the media report which claimed that in Gujarat, 10 anonymously registered political parties received Rs 4,300 crore in donations from 2019-20 to 2023-24. During this period, across three elections -- 2019 and 2024 Lok Sabha polls and 2022 assembly polls -- these parties fielded only 43 candidates who together secured 54,069 votes, according to the report. Their election reports showed expenses of just Rs 39.02 lakh, while audit reports recorded Rs 3,500 crore in spending, the report said. In a post in Hindi on X, Gandhi said, "There are some anonymous parties in Gujarat whose names no
Experts are intrigued by the new Income Tax Bill, 2025 retaining provisions related to electoral bonds, which were rendered unconstitutional by the Supreme Court last year, saying it could be because of legislative oversight or the government's intention to bring it back in some other form. 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'. In a judgement passed on February 15 last year, the Supreme Court had scrapped the Centre's electoral bonds scheme of anonymous political funding, calling it "unconstitutional" as it was "violative" of the right to freedom of speech and expression and right to information. Under the existing Income Tax Act, 1961, donations received from companies and individuals through electoral bonds are exempt in the hands of political parties. The government has brought in a new Income Tax Bill to replace the 64-year old I-T
Greenland's parliament passed a bill Tuesday that bans political parties from receiving contributions from foreign or anonymous contributors after President Donald Trump expressed his wish that the United States take over the vast and mineral-rich Arctic island that belongs to Denmark. The bill is aimed at protecting Greenland's political integrity" and will take effect immediately, according to a translation of a parliamentary document in Danish outlining the measure. The bill must be seen in light of the geopolitical interests in Greenland and the current situation where representatives of an allied great power have expressed interest in taking over and controlling Greenland, the document said. Before taking office for his second term on January 20, Trump said he would not rule out the use of military force to seize control of Greenland, calling it vital to US national security. His oldest son, Donald Trump Jr., visited Greenland last month and told citizens: We're going to treat
Rajasthan Chief Minister Ashok Gehlot on Monday alleged that the BJP alone takes donations for elections and harasses industrialists who want to donate to Congress. Gehlot also accused the BJP-ruled government at the Centre of misusing central agencies like Enforcement Directorate (ED), Income Tax department and the CBI. "BJP alone takes donations in elections and is not letting others take donations. They harass industrialists who want to donate to Congress," the Chief Minister said addressing a public meeting after visiting an inflation relief camp in Dungarpur. Highlighting the schemes and programmes of his government, Gehlot said that none of the state government schemes were launched with elections in mind. He also requested people to vote for the Congress party in the upcoming Assembly elections so that it can retain power in the state. Gehlot also reiterated his demand for a law on right to social security to be passed at the central government level.
Delhi-based Swadeshi Electoral Trust and Jaybharath Electoral Trust registered in Coimbatore have told the Election Commission that they neither received any contribution nor made any donation to a political party in financial year 2021-22. In their annual reports for FY 2021-22 submitted to the poll panel, the two trusts said they received "nil" contributions from all sources permissible under the income tax law. Hence they made "nil" donations to any political party in the fiscal. Electoral trusts have to submit their contribution reports to the EC containing details of contributions received and disbursed by them to political parties in the interest of transparency.