ELECTORAL BOND VERDICT
It's taxing times for electoral bond buyers after Supreme Court's Feb verdict More than 1,000 entities who purchased electoral bonds for political donations may now face inquiries from tax authorities regarding the deductions claimed on these contributions, following the Supreme Court's decision to invalidate the scheme in Fe...
01 Jul, 2024, 06.00 AM ISTElectoral Bonds: CJI to take call on listing of plea seeking SIT probe into quid pro between corporates and political parties Two NGOs have requested the Supreme Court to consider their PIL for a court-monitored investigation into alleged quid pro quo involving political parties, corporations, and investigative agencies in the electoral bonds scheme. The Court acknowledged...
14 May, 2024, 01.56 PM ISTFrom Ponnuswami case to Electoral Bond verdict: How the Supreme Court shaped India's democracy From interpreting laws to ensuring transparency, India's judiciary has significantly influenced the country's electoral landscape through key legal decisions over the years, impacting processes before, during, and after general elections.
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Plea in SC seeks review of verdict scrapping electoral bonds scheme A review plea challenges the Supreme Court's annulment of Modi government's electoral bonds scheme, emphasizing the need for considering public opinion and addressing constitutional rights in political funding.
15 Apr, 2024, 01.21 PM ISTSBI refuses to disclose SOP for sale, redemption of electoral bonds in RTI reply In its landmark verdict on February 15, the court scrapped the Centre's electoral bonds scheme that allowed anonymous political funding, calling it "unconstitutional", and ordered disclosure by the EC of the donors, the amounts donated by them and t...
02 Apr, 2024, 07.10 PM ISTMayawati hails SC verdict scrapping electoral bonds as important In a series of posts on X, BSP president Mayawati said that her party had stayed away from using the money power of big capitalists and rich people and, when in power, worked for the welfare of the poor and backward classes.
18 Mar, 2024, 05.30 PM ISTElectoral bonds: Who got how much through these donations now deemed 'unconstitutional' Introduced in 2018, electoral bonds became a major funding source for political parties in India. Among the beneficiaries, the ruling Bharatiya Janata Party (BJP) stands out, receiving around 55%, or approximately Rs 6,565 crore. While BJP got the l...
16 Feb, 2024, 08.33 PM IST"Last 10 years are proof of corporates appeasements": Asaduddin Owaisi hails SC verdict on electoral bonds AIMIM President Asaduddin Owaisi welcomes Supreme Court's verdict on the electoral bonds scheme, terming it 'unconstitutional' and highlighting BJP's favoritism towards corporates. He questions the legitimacy and transparency of elections since 2017...
16 Feb, 2024, 11.57 AM ISTObjective was to bring transparency: BJP after the Supreme Court judgment on electoral bonds "The electoral bond scheme was brought in for a very laudable objective - to bring in transparency in electoral funding and to reduce inflow of cash during elections. Even the donors wanted secrecy...," BJP leader Ravi Shankar Prasad said in a press...
16 Feb, 2024, 11.57 AM ISTTransparency has been hallmark of EC: Poll panel sources on electoral bond verdict The Supreme Court's verdict annulling the electoral bonds scheme for political funding has been welcomed by Election Commission sources, highlighting transparency as a hallmark of the Commission's approach. The court directed the State Bank of India...
16 Feb, 2024, 11.56 AM ISTSC verdict on electoral bonds: Still a long way to go, says former CEC The Supreme Court's verdict striking down the electoral bonds scheme is a "great boon for democracy," according to former chief election commissioner S Y Quraishi. The five-judge bench of the apex court, headed by Chief Justice of India D Y Chandrac...
16 Feb, 2024, 11.55 AM ISTOpposition tears into BJP's 'corrupt' electoral bonds scheme after SC calls it unconstitutional The Supreme Court has ruled against the electoral bond scheme, which was criticized by several opposition leaders. Congress leader Jairam Ramesh praised the decision, stating it would strengthen the power of votes over notes. He criticized the Modi ...
15 Feb, 2024, 07.20 PM ISTElectoral Bond verdict: Here's how political leaders react to Supreme Court's decision The Supreme Court of India's recent verdict on Electoral Bonds has garnered much attention from political leaders across the country. Here's how opposition leaders are reacting to the decision.Electoral Bond verdict: Here's how political leaders rea...
15 Feb, 2024, 07.10 PM ISTElectoral bond SC verdict: India will know all info about all donors and receivers, hidden so far, by March 13 Electoral bond case: The State Bank of India, the authorised seller of these poll bonds, was directed by the apex court to provide details of donations made through these bonds, as well as all relevant info on whoever the money went to.
15 Feb, 2024, 04.42 PM ISTFormer CECs SY Quraishi, TS Krishnamurthy lauds SC verdict on electoral bond A five-judge apex court bench, headed by Chief Justice of India D Y Chandrachud, said the electoral bonds scheme violates the right to information and the freedom of speech and expression under the Constitution. It also ordered the State Bank of Ind...
15 Feb, 2024, 03.39 PM ISTElectoral bonds verdict by Supreme Court: Landmark dates and events The apex court not just struck down the scheme but also ordered the SBI, the only authorised seller, to furnish all relevant info to the election watchdog in a time-bound manner. The EC will put up these details on its portal, allowing anyone intere...
15 Feb, 2024, 02.37 PM ISTPetitioners hail SC verdict on electoral bonds; Prashant Bhushan calls it 'significant' decision India's top court on Thursday struck down a scheme that allowed anonymous political donations in the form of electoral bonds, a critical ruling that comes ahead of national elections likely to begin in April.Petitioners hail SC verdict on electoral ...
15 Feb, 2024, 12.59 PM ISTElectoral Bonds Case Verdict: SC unanimously strikes down poll bonds scheme, terms it ‘unconstitutional’ Striking down the validity of poll bonds scheme, the Supreme Court ruled that electoral bonds violate the Right to Information. The Chief Justice of India, DY Chandrachud asked banks to stop selling these bonds and asked SBI to furnish details of do...
15 Feb, 2024, 12.24 PM ISTSC rules electoral bonds scheme 'unconstitutional'; Here are the key takeaways from the verdict The Supreme Court has deemed the electoral bonds scheme "unconstitutional," citing its violation of the right to information. The scheme allowed anonymous corporate contributions to political parties. The court has directed the State Bank of India (...
15 Feb, 2024, 12.10 PM ISTSC announces verdict on electoral bonds scheme: What is it and how is it connected with poll funding? The Supreme Court is preparing to announce its decision on the legality of the electoral bond scheme, following a series of petitions challenging its validity. The scheme allows individuals and companies to purchase bonds for political donations, of...
15 Feb, 2024, 11.51 AM IST