Electoral Trusts

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.

India's richest trust -- The Prudent Electoral Trust -- gave Rs 54.25 crore in donations to the party, according to the documents

Satya Electoral Trust changed its name to Prudent Electoral Trust during 2016-17

Electoral trusts are not-for-profit companies and distribute contribution received from various sources to political parties

Electoral Trusts' sole purpose is to fund registered political parties in a transparent manner.