You are here: Home » Current Affairs » News » National
Business Standard

SC seeks replies from Centre, EC on amendments in political funding law

Political parties can now take donations in the form of election bonds

Press Trust of India  |  New Delhi 

Tripods of television crew stand in front of the Indian Supreme Court building in New Delhi

The Supreme today sought responses from the Centre and the Commission of India on a PIL challenging the recent amendments made to the related to

A bench comprising Chief Justice and Justices A M Khanwilkar and issued the notice on a plea filed by (ADR).

Lawyer Prashant Bhushan, appearing for the NGO, said that the amendment has removed the cap that barred corporates from donating more than 7.5 per cent of their average net profit to a political party.

He also said that the political parties can now take donations in the form of bonds without disclosing the source.

The had in March this year approved a proposal by the government, as part of amendments to the Bill, 2017, relaxing conditions for corporate funding to political parties.

First Published: Tue, October 03 2017. 15:13 IST