Political parties have to file audited returns by Dec every year or risk losing tax exemptions: Revenue Secretary

By
Daily Excelsior
-

NEW DELHI: Political parties have to file audited returns by Dec
every year or risk losing tax exemptions said Revenue Secretary Hasmukh Adhia.
Donations to political parties via electoral bonds will be confidential, donor’s identity not to be disclosed said Revenue Secretary.
Finance Bill will amend Representation of People Act to keep identity of donors using electoral bonds confidential. (agencies)

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