Page 14 - Latest Updates on Electoral Bond
Third tranche of electoral bonds to go on sale from May 1: Finance Ministry
The government had notified the Electoral Bond Scheme 2018 in January this year
 "Third tranche of electoral bonds to go on sale from May 1: Finance Ministry")
Electoral bonds have serial numbers but are not accessible to anyone: Govt
The finance ministry in a statement said the random serial number on the bonds is not visible to naked eye and the same is not even noted by the issuing bank, the SBI
SBI will issue electoral bonds in second phase from April 2 to 10
The SBI main branches in New Delhi, Mumbai, Chandigarh, Bengaluru, Gandhinagar, Bhopal, Jaipur, Chennai, Lucknow and Guwahati have been authorised to sell and encash the Bonds
 "SBI will issue electoral bonds in second phase from April 2 to 10")
Electoral bond issue sees Rs 2-bn sale, available at select SBI branches
An additional period of 30 days shall be specified by the central government in the year of general election
No proposal to make Aadhaar mandatory for electoral bonds: Arun Jaitley
There is no proposal currently to make the use of Aadhaar mandatory under the scheme, said FM Jaitley
 "No proposal to make Aadhaar mandatory for electoral bonds: Arun Jaitley")
Election Commission hopes electoral bonds are step in 'right direction'
That is one step in the right direction. I have not said it will solve all the problems: CEC
 "Election Commission hopes electoral bonds are step in 'right direction'")
Govt's electoral bonds for political funding: A cloak to hide the daggers?
After a concerted effort by political parties to circumvent disclosures under the RTI Act come the electoral bonds that will confer on them the benefit of pretending to not know who has donated
 "Govt's electoral bonds for political funding: A cloak to hide the daggers?")
Electoral bonds for political donations likely to fail the tax test
Tax experts point out that the I-T Act needs to be amended to give electoral bonds tax-exemption status
 "Electoral bonds for political donations likely to fail the tax test")
Individuals, NGOs can buy electoral bonds without public disclosure
The scheme could help entities route black money to political parties through shell companies, experts fear
 "Individuals, NGOs can buy electoral bonds without public disclosure")
Electoral bonds can be purchased from 53 SBI branches
Donation not enchased by political parties within 15 days will go towards Prime Minister's Relief Fund
 "Electoral bonds can be purchased from 53 SBI branches")
Printing of electoral bonds to be top-secret affair
The electoral bonds is an alternative to cash donations made to political parties
Electoral bonds: Withholding donors' names a regressive step, says Congress
The electoral bonds is an alternative to cash donations made to political parties
 "Electoral bonds: Withholding donors' names a regressive step, says Congress")
Govt notifies terms of electoral bonds to ensure clean political funding
Interest-free bonds for political funding, with 15-day validity, will be available at select SBI branches
 "Govt notifies terms of electoral bonds to ensure clean political funding")
Jaitley outlines contours of electoral bonds for political parties' funding
Interest-free bonds can be purchased from SBI for 10 days in the months of Jan, April, July & Oct; bonds not to carry name of payee
 "Jaitley outlines contours of electoral bonds for political parties' funding")
Govt to introduce electoral bonds soon, validity to be capped at 15 days
The guidelines for electoral bonds are almost ready and some fine-tuning is being done by the finance ministry
 "Govt to introduce electoral bonds soon, validity to be capped at 15 days")
RBI, EC have no info on electoral bonds: RTI reply
The RBI was asked details of the draft electoral bond scheme
 "RBI, EC have no info on electoral bonds: RTI reply")
Govt to go ahead with electoral bonds even if consensus eludes
Jaitley had also announced capping of anonymous cash donations to political parties at Rs 2,000
 "Govt to go ahead with electoral bonds even if consensus eludes")
Electoral bonds: Do the govt's proposals make party funding transparent?
After GST, the government now plans to shift focus to electoral funding reforms
 "Electoral bonds: Do the govt's proposals make party funding transparent?")
Electoral bonds a retrograde step, says EC to parliamentary panel
EC opposed state funding saying it will not be able to check candidate's own expenditures
 "Electoral bonds a retrograde step, says EC to parliamentary panel")
Electoral bonds will ensure opacity, not transparency: Prashant Bhushan
He replied as FM Jaitley said that identity of donors through these bonds will be anonymous
 "Electoral bonds will ensure opacity, not transparency: Prashant Bhushan")
