The government today said the limit on maximum amount that a corporate can contribute to a political party has been removed. Donations to political parties by firms are governed by provisions in the Companies Act. <br/><br/>In a written reply in the Rajya Sabha, Minister of State for Corporate Affairs Arjun Ram Meghwal said following an amendment through the Finance Act 2017, maximum amount that a political party can receive from a company in cash has been removed. <br/><br/>The Minister said, there is no proposal to review the law on foreign contributions to political parties under Foreign Contribution Regulation Act (FCRA). FCRA prohibits political parties from accepting foreign contribution from any foreign source including overseas companies.