BJP obtained Rs 10 crore from Mumbai-based belief in ’21-22: Election Commission
2 min readBy PTI
NEW DELHI: Mumbai-based AB General Electoral Trust donated Rs 10 crore to the ruling Bharatiya Janata Party within the monetary yr 2021-22, the Election Commission of India mentioned on Tuesday.
The belief acquired Rs 10 crore in two instalments of Rs 5 crore every from Hindalco Industries Ltd within the monetary yr and donated the whole sum to the BJP in two instalments of Rs 5 crore every.
Chennai-based Triumph Electoral Trust acquired Rs 50 lakh from Tube Investments of India Limited in FY 2021-22. It donated the whole quantity to Dravida Munnetra Kazhagam, the get together which guidelines Tamil Nadu.
Both trusts had submitted their annual contribution statements to the EC which put them in public area on Tuesday.
Electoral trusts are non-profit firms established for receiving donations from an individual or an organization and distributing the identical to political events. The trusts get revenue tax exemptions as nicely.
NEW DELHI: Mumbai-based AB General Electoral Trust donated Rs 10 crore to the ruling Bharatiya Janata Party within the monetary yr 2021-22, the Election Commission of India mentioned on Tuesday.
The belief acquired Rs 10 crore in two instalments of Rs 5 crore every from Hindalco Industries Ltd within the monetary yr and donated the whole sum to the BJP in two instalments of Rs 5 crore every.
Chennai-based Triumph Electoral Trust acquired Rs 50 lakh from Tube Investments of India Limited in FY 2021-22. It donated the whole quantity to Dravida Munnetra Kazhagam, the get together which guidelines Tamil Nadu.
Both trusts had submitted their annual contribution statements to the EC which put them in public area on Tuesday.
Electoral trusts are non-profit firms established for receiving donations from an individual or an organization and distributing the identical to political events. The trusts get revenue tax exemptions as nicely.
