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of <h1>Section 182 allows long-standing companies to donate unlimited funds to political parties with strict disclosure and penalty rules</h1> Section 182 permits non-government companies existing for at least three financial years to contribute any amount, directly or indirectly, to registered political parties, subject to a Board resolution authorising the contribution. Donations, subscriptions, payments, or specified advertising expenses that support or benefit a political party are deemed political contributions. Companies must disclose in their profit and loss account the total political contributions made during the relevant financial year. Contributions must be made only through account payee cheque, bank draft, electronic clearing system, or notified instruments. Contravention attracts a fine up to five times the contribution for the company, and for defaulting officers, imprisonment up to six months and a fine up to five times the contribution.
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