Electoral Bonds

FIR registered against FM Sitharaman over complaints relating to electoral bonds scheme

An FIR was registered under sections 384 (punishment for extortion) and 120B (criminal conspiracy) read with 34 (acts done by several persons in furtherance of common intention) against Union Minister Nirmala Sitharaman, ED officials, office-bearers of the BJP at state and national level, based on the order of a special court

SC junks plea seeking SIT probe into electoral bonds 'quid pro quo'

A five-judge Constitution bench had on February 15 scrapped the electoral bonds scheme of anonymous political funding introduced by the BJP government.

SC to hear plea seeking SIT probe in electoral bonds case on July 22

The top court recently agreed to consider listing a public interest litigation that urged a court-monitored investigation into the electoral bonds scheme.

SC verdict on electoral bonds steps up tax heat on 1,300 companies: Report

In response, India Inc has approached the finance ministry, seeking intervention and potential relief in the upcoming budget, as reported by The Economic Times.

Megha Engineering, a top buyer of electoral bonds, to sell its gas distribution business: Report

Megha City Gas Distribution has decided to consolidate operations and has reportedly reached out to Indian Oil, Hindustan Petroleum, Bharat Petroleum and Indraprastha Gas among others

Electoral bonds not an amnesty scheme, SC right in striking it down: Sr advocate Aryama Sundaram

Sundaram also speaks about the controversy surrounding wealth redistribution and why taking one person’s wealth and giving it to another is not the right way to go about it. On the 28% GST on the full face value of bets in online gaming, he explains why a tax on the full face value is wrong and how it should be levied.

Kotak Bank promoter Infina Finance donated Rs 60 cr to BJP via electoral bonds

Infina Finance, owned by the Kotak family, is listed as one of the promoter group entities of Kotak Mahindra Bank. However, it does not own any shares in the private sector lender, which has been barred by the RBI from issuing fresh credit cards.

Rahul Gandhi Takes Jibe At PM Modi Over Electoral Bonds: "India's Biggest 'Haftebaazi' Scheme"

Congress leader Rahul Gandhi takes aim at Prime Minister Narendra Modi's 'pachtaega' remark on electoral bonds, labelling it as "India's biggest 'haftebaazi' scheme". Gandhi questions the transparency claims, pointing out hidden names and Supreme Court inquiries. Get the full scoop on this political controversy!

'We never claimed it was absolute way ...': PM Modi on electoral bonds scheme

In an interview with news agency ANI, PM Modi said that there had been a discussion in the country for a long time that black money is dangerous for elections.

SBI refuses to disclose electoral bonds' details under RTI Act

RTI activist Commodore (retired) Lokesh Batra approached the SBI on March 13 seeking the complete data of the electoral bonds in the digital form, as provided to the EC after the Supreme Court's order.

Watch: AAP MP Sanjay Singh Alleges 'Massive' BJP Donations via Electoral Bonds Amid Corporate Losses

Aam Aadmi Party MP Sanjay Singh reveals alleged instances of corruption within the BJP during a press conference. Detailing the misuse of electoral bonds and tax exemptions, he exposes significant donations from companies with substantial losses or tax benefits. Stay informed on this unfolding controversy.

No comments, says RBI governor on electoral bonds data

A five-judge bench of the Supreme Court on February 15 struck down the electoral bonds scheme as ‘unconstitutional’. On March 21, pol panel published bond details

Alternative scheme to replace electoral bonds likely after LS polls: Report

The proposed scheme aims to tackle issues of transparency and the extent of political financing by corporations, which were flagged by the Supreme Court

Has the ban on electoral bonds solved the problem of election expenditure?

Eliminating political corruption requires a deep cleanse that can encourage businesses to support the right causes for a better future for the country

I don't have the kind of money to contest Lok Sabha elections: Nirmala Sitharaman

FM said, "My salary, my earnings, and my savings are mine and not the Consolidated Fund of India".

Electoral bonds: Government guarantees not absolute, says senior advocate Rakesh Dwivedi

The senior lawyer said that all laws made by the government are subject to the scrutiny of constitutional courts, when the law is struck down, the sovereign guarantee under the law also goes.

Electoral bonds: Cong demands SC-monitored SIT probe, says scheme used for prepaid, postpaid bribes

Ramesh alleged that the analysis using the code has brought to light that 38 corporate groups which have got 179 major contracts and projects approvals from the central or BJP state governments have donated electoral bonds.

Megha Engineering electoral bond purchases close to bagging contracts for major projects

Hyderabad-based Megha Engineering and Infrastructure Ltd (MEIL) has emerged as the second-biggest buyer of electoral bonds worth Rs 966 crore, according to data released by the Election Commission of India (ECI) on Thursday.

Electoral bonds: Encashment spikes in poll months for several parties

Along with the Lok Sabha, the Andhra Pradesh assembly will also go to polls in the next couple of months. And the two state rivals — YSR Congress and TDP — are gearing up financially, with the latter miles ahead in recent months. Meanwhile, AAP encashed electoral bonds worth just Rs 2.5 crore in the 10 months before the February 2020 Delhi assembly elections.