"electoral-bonds"

The SBI moved the Supreme Court on Monday, seeking an extension till June 30 to disclose the details of each electoral bond encashed by political parties

Congress president Mallikarjun Kharge said the Congress' position on the electoral bonds scheme is that it is "opaque, undemocratic and destroyed the level playing field".

A retired High Court Judge was allegedly duped by two persons to the tune of Rs 2.5 crore, by persons claiming to be members of a leading social organisation and promising jobs for his grandchildren for contribution to a political party through electoral bonds

Whatever the mode of funding, the objective should be to ensure transparent funding of parties in a healthy democracy

SC ruling on electoral bonds comes as a tight slap on the face of NDA govt which tried to project it as a reformative measure

Electoral bonds (EBs) are bearer instruments, like currency notes. The electoral bonds were introduced with the Finance Bill (2017). On January 29, 2018 the National Democratic Alliance (NDA) government notified the Electoral Bond Scheme 2018.

Supreme Court's five-judge CJI DY Chandrachud, and Justices Sanjiv Khanna, BR Gavai, JB Pardiwala, and Manoj Misra pronounced the judgement.

On November 2 of the previous year, a Constitutional bench comprised of five judges, with Chief Justice D Y Chandrachud at the helm, had reserved its verdict on the issue.

Electoral bonds are a financial instrument that allows individuals and businesses to donate money to political parties without declaring it.

The Electoral bond scheme, which was notified by the government on January 2, 2018, was pitched as an alternative to cash donations made to political parties as part of efforts to bring in transparency in political funding

Supreme Court referred to a five-judge Constitution bench a batch of pleas challenging the validity of the electoral bond scheme

Supreme Court fixed October 31 for final hearing on pleas challenging the validity of the electoral bond scheme

Senior Congress leader P Chidambaram on Saturday described electoral bonds as "legalised bribery"

The report said that between FY 2004-05 and 2021-22, the national parties collected Rs 17,249.45 crore from unknown sources