February 2, 2017 1:44 PM

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Political parties to file audited returns by Dec every year to avail tax benefit: Revenue Secretary Hasmukh Adhia

Revenue Secretary Hasmukh Adhia today said, political parties have to file audited returns by December every year or risk losing tax exemptions. <br/><br/>Mr Adhia said donations to political parties via electoral bonds will be confidential and donor's identity will not to be disclosed. He said, Finance Bill will amend Representation of People Act to keep identity of donors using electoral bonds confidential.

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