In 2015-16, political parties received 84% less in donations compared with 2014-15. However, despite an Election Commission notification of August 29, 2014, disallowing tax benefits on cash donations to political parties, the cash contribution increased from 0.14 per cent in FY15 to 1.42 per cent in FY16. The Nationalist Congress Party declared the highest decrease (98 per cent) in donations, whereas the Bahujan Samaj Party maintained its record of the past 10 years by declaring that it doesn’t receive funding above Rs 20,000 in donations. According to the Election Commission guidelines, all political parties have to declare donations above Rs 20,000 to it in an affidavit.
DONATIONS ABOVE RS 20,000 RECEIVED BY POLITICAL PARTIES
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From corporate/business houses (in Rs crore)
From individuals (in Rs crore)
TOP 5 STATES BY THEIR CONTRIBUTION TO NATIONAL PARTIES
Top donor to national parties
Party Name | Donor | Contribution (in Rs cr) | Share of total contribution (%) |
BJP | Satya Electoral Trust | 4.5 | 58.56 |
BJP | Manish Laxman Sarda | 4 | 5.2 |
INC | Haryana Congress Bhagwan Trust | 2 | 9.79 |
INC | Satya Electoral Trust | 2 | 9.79 |
CPM | Nasib Kaur Bains | 0.21 | 11.6 |
CPM | CP Narayanan | 0.096 | 5.3 |
CPI | Secretary, Kerala State Council, CPI | 0.368 | 23.29 |
CPI | S Sudhakar Reddy, General Secretary, CPI | 0.11 | 6.96 |
NCP | Vedicon Industries Ltd | 0.25 | 35.21 |
NCP | Vijay Sopam Machindra | 0.25 | 35.21 |
AITC | Subhendu Adhikari | 0.15 | 23.08 |
AITC | Dilip Damle | 0.1 | 15.38 |