New Delhi, Feb. 11 -- Only one-third of the electoral trusts registered with the Central Board of Direct Taxes (CBDT) have reported receiving donations from corporates and individuals for political funding in the financial year 2023-24, according to an Association for Democratic Reforms (ADR) report published Monday.

Titled "Analysis of Contribution Reports of Electoral Trusts FY 2023-24", the ADR report that analysed contribution data published on the Election Commission of India's website, stated that only six out of the total 19 registered electoral trusts have declared receiving a total of Rs.1218.39 crore in donations in FY24. Of the total amount, Rs.1,218.36 crore (or 99.99%) was transferred to various political parties within the ...