India News | 2 Electoral Trusts Tell EC They Received No Contribution, Made No Donations in FY 2021-22

New Delhi, Sep 2 (PTI) Delhi-based Swadeshi Electoral Trust and Jaybharath Electoral Trust registered in Coimbatore have told the Election Commission that they neither received any contribution nor made any donation to a political party in financial year 2021-22.

In their annual reports for FY 2021-22 submitted to the poll panel, the two trusts said they received "nil" contributions from all sources permissible under the income tax law. Hence they made "nil" donations to any political party in the fiscal.

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Electoral trusts have to submit their contribution reports to the EC containing details of contributions received and disbursed by them to political parties in the interest of transparency.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)