Constitutional validity of Electoral Bond Scheme and the ...

Electoral Bond Scheme ruled unconstitutional for violating transparency; SBI must disclose transactions, no deadline extensions.

March 14, 2024

Case Laws Indian Laws SC

Constitutional validity of Electoral Bond Scheme and the provisions of the Finance Act 2017 which amended the provisions of the Representation of People Act 1951 and the Income Tax Act 1961 - The Supreme Court ruled the Electoral Bond Scheme and related amendments unconstitutional due to violations of citizens' right to information and arbitrariness. It mandated disclosure of transaction details by the State Bank of India within set deadlines, rejecting pleas for extension citing complexity. The Election Commission was tasked with compiling and publishing the disclosed information.

View Source

← Previous Next →

Constitutional validity of Electoral Bond Scheme and the ...

Electoral Bond Scheme ruled unconstitutional for violating transparency; SBI must disclose transactions, no deadline extensions.

March 14, 2024

Case Laws Indian Laws SC

You may also like:

Challenging the constitutional validity of the Electoral Bond Scheme “Electoral Bond Scheme” or “Scheme” - The Supreme Court held that, the Electoral Bond Scheme, the...

Sale of Electoral Bonds under the Electoral Bond Scheme, 2018 - Scheme allows the donors of political parties to maintain anonymity - Though the information furnished by...

Integrity of the electoral process - suspicion of infringement of a right - The appellants argued for the reintroduction of paper ballots, provision of VVPAT slips to...

The Income Tax Bill, 2025 consolidates and modernizes tax provisions for political parties and electoral trusts through Clause 12 and Schedule VIII, replacing Sections...

GST rates for Composition Scheme with CGST Rules, 2017 aligned between notification and rules.

Sovereign Gold Bond Scheme 2020-21 - Notification

Capital gains tax exemption bonds issued u/s 54EC of the Income Tax Act, 1961, are long-term specified assets with a mandatory lock-in period of 5 years. The legislative...

CENVAT credit - the effect of proviso to Rule 3(4) of CCR is that though a manufacturer is obliged to discharge excise duty liability by 5th or 6th day of the next...

EPCG Scheme - Benefit of an EXIM scheme - Non fulfilment of the export obligations - The High Court examined the clauses of the bonds executed by the appellant and...

Reversal of Cenvat Credit - Taxable and Exempted services provided by SBI - Rule 6(3)(c) of the Cenvat Credit Rules, 2004 - The provisions of the Rule restricting...

The notice outlines the implementation of automation in the Customs (Import of Goods at Concessional Rate of Duty or for Specified End Use) Rules, 2022 (IGCRS Rules,...

CENVAT Credit - input services - the scheme of the Act read with the Rules has to be read harmoniously. If for something missing in the rules, the cenvat credit is...

The Authority for Advance Ruling, Tamil Nadu addressed the issue of GST levy on the sale of goods warehoused in a third-party Free Trade Warehousing Zone (3P FTWZ) to a...

Constitutional validity of para 83 of the EPF Scheme and para 43A of the Pension Scheme - international workers - Discrimination - Grievance of the petitioners is that,...

Terms and conditions of Exit Option Scheme of RBI - Voluntary retirement scheme - exemption u/s 10(10C) - whether Exit Option Scheme of RBI were different from the terms...

Quick Updates: