BJP Acquired Rs 10 Cr from Mumbai-based Belief in 2021-22: Election Fee

BJP Acquired Rs 10 Cr from Mumbai-based Belief in 2021-22: Election Fee [ad_1]

Mumbai-based A B Normal Electoral Belief donated Rs 10 crore to the ruling Bharatiya Janata Social gathering within the monetary yr 2021-22, the Election Fee 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 all the sum to the BJP in two instalments of Rs 5 crore every.

Chennai-based Triumph Electoral Belief acquired Rs 50 lakh from Tube Investments of India Restricted in FY 2021-22. It donated all the quantity to Dravida Munnetra Kazhagam, the occasion which guidelines Tamil Nadu.

Each 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 effectively.

Learn all of the Newest Politics Information and Breaking Information right here

[ad_2]