Under Section 29B of Representation of People Act, 1951, political parties must disclose donations above ₹20,000 to the Election Commission.
- True
- False
Answer: True
Section 29B, R.P. Act: Political parties can accept donations; donations above ₹20,000 must be reported to ECI with donor details. Electoral Bonds Scheme (2018-2024) allowed anonymous donations via banks, but Supreme Court struck it down in 2024 (ADR case) citing transparency and right to information. Ongoing debate on political funding reforms.