Finance Minister Arun Jaitley said many political parties do not contest elections but only accept donations and convert money.
21 Dec 2016 9:04 AM
Urges government to amend laws to cap political contributions.
19 Dec 2016 1:20 AM
There is no constitutional or statutory prohibition on receipt of anonymous donations by political parties.
18 Dec 2016 3:35 PM
Meanwhile, CBDT said that there are enough provisions in the Income Tax Act to scrutinise the accounts of the political parties.
17 Dec 2016 7:29 PM
He also questioned Centre’s decision to exempt political parties from paying income tax while depositing old 500 and 1,000 rupee notes.
17 Dec 2016 1:54 PM