TaxTMI 
TaxTMI 
Contribution to Political Parties
X X X X Extracts X X X X
X X X X Extracts X X X X
....ontribution to Political Parties <br>News and Press Release<br>Dated:- 17-12-2016<br><BR>Contributions to political parties are governed by Section 182 of the Companies Act, 2013. A company that is no....
X X X X Extracts X X X X
X X X X Extracts X X X X
....t a Government company and which is in existence for at least last three financial years may contribute up to 7.5% of its average net profits during the last three years to a political party/parties r....
X X X X Extracts X X X X
X X X X Extracts X X X X
....egistered under the representation of Peoples Act, 1951. This is subject to further elaborations, disclosures and restrictions in the said section. A company can also make contributions within the abo....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ve limits and restrictions to 'Electoral Trust Companies' and reflect these contributions in their books of accounts. The provisions of Section 182 are not applicable to foreign companies. This was s....
X X X X Extracts X X X X
X X X X Extracts X X X X
....tated by Shri Arjun Ram Meghwal, Minister of State for Corporate Affairs in written reply to a question in Lok Sabha.<BR> News - Press release - PIB....