https://www.taxtmi.com/news?id=19831 The Electoral Bond Scheme 2018 permits purchase of Electoral Bonds by Indian citizens or domestic entities, with individuals allowed to buy singly or jointly; only political parties meeting a minimum vote-share threshold and registered under the Representation of the People Act may receive bonds, which must be encashed through an authorised bank account. Bonds are valid for fifteen days from issue, will not be paid if deposited after expiry, and deposits by eligible parties are to be credited the same day. The scheme designates authorised bank branches for issuance and encashment during specified sale phases. en-us Wed, 28 Mar 2018 18:02:53 +0530 Wed, 28 Mar 2018 18:02:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19831 The Electoral Bond Scheme 2018 permits purchase of Electoral Bonds by Indian citizens or domestic entities, with individuals allowed to buy singly or jointly; only political parties meeting a minimum vote-share threshold and registered under the Representation of the People Act may receive bonds, which must be encashed through an authorised bank account. Bonds are valid for fifteen days from issue, will not be paid if deposited after expiry, and deposits by eligible parties are to be credited the same day. The scheme designates authorised bank branches for issuance and encashment during specified sale phases. News - Wed, 28 Mar 2018 18:02:53 +0530 https://www.taxtmi.com/news?id=19831