Electoral bonds - Unconstitutional Flashcards
1
Q
Who declared electoral bonds as unconstitutional ?
A
Supreme Court
2
Q
Was it a unilateral decision ?
A
Yes.. 5 judge bench and each of them ruled it as unconstitutional
3
Q
Under which article did they rule Electoral bonds as unconstitutional ?
A
Art 19 (1) (a)
4
Q
When was Electoral bonds scheme introduced ?
A
In 2018
5
Q
These bonds were available in what denominations ?
A
Rs 1000 , Rs 10000 so on..
6
Q
Can people donate to any political party using Electoral bonds ?
A
Nooo.. only to those parties registered under Sec 29A of the Representation of People’s Act (RPA), 1951
And the party must have secured atleast 1% votes in the previous elections
7
Q
Were the donations made under this tax free ?
A
Yess.. 100% tax exemption
