TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Companies Act Section 182: Rules for Political Contributions, Disclosure, and Penalties for Non-Compliance.</h1> Section 182 of the Companies Act, 2013, outlines the rules for political contributions by companies. Companies, excluding government entities and those less than three years old, may contribute to political parties if authorized by a Board resolution. Contributions include donations, subscriptions, or payments that support political activities. Expenditures on advertisements benefiting political parties are also considered contributions. Companies must disclose contributions in their financial statements and use specific payment methods. Violations result in fines up to five times the contribution amount, and responsible officers may face imprisonment and fines. A 'political party' is defined per the Representation of the People Act, 1951.
TaxTMI 
TaxTMI 
