 "political funding")
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.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
