India News | Did Not Receive Any Donation in Excess of Rs 20,000 in 2018-19, 2020-21: NC to Poll Panel
Get latest articles and stories on India at LatestLY. The Jammu and Kashmir National Conference has informed the Election Commission that it did not receive any donation in excess of Rs 20,000 from individual donors and entities during financial years 2018-19 and 2020-21.
New Delhi, Aug 31 (PTI) The Jammu and Kashmir National Conference has informed the Election Commission that it did not receive any donation in excess of Rs 20,000 from individual donors and entities during financial years 2018-19 and 2020-21.
The party's contribution reports for the two fiscals were put in public domain by the poll panel on Wednesday. The two reports were received by the EC on August 22.
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The Jammu and Kashmir National Conference is a recognised state party.
The party said it received "nil" contributions in excess of Rs 20,000 during FYs 2019-19 and 2020-21.
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Section 29 C of the Representation of the People Act states that the treasurer of a political party or any other person authorised by it will prepare a report about the contribution in excess of Rs 20,000 received by the party from any person or other entities in a financial year.
The Election Commission had been pushing to do away with the limitation of Rs 20,000 to make it mandatory for parties to show on record all voluntary donations, irrespective of the sum.
(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)