Monthly Archives: February 2017

Maximum amount of cash donations to political parties reduced to Rs 2,000

In a major boost to the process of cleaning up election funding, Finance Minister Arun Jaitley announced that the maximum cash donation to political parties has been reduced to Rs 2,000. Early political parties could receive cash donations of up to Rs 20,000. Jaitley said under the current system a large number of anonymous donations […]

Budget 2017 proposes election obligations and a cash limit to make political financing transparent

Finance Minister Arun Jaitley today made two important announcements regarding political party funding. The limit on cash donations has been reduced from Rs 20,000 to Rs 2,000. In addition, a proposal to issue election bonds has been submitted for consideration. Cash donation limit From now on, political parties are expected to keep a record of […]