Nothing illegal in tax exemption for political parties: Supreme Court

The Times of India reports: NEW DELHI: Political parties will continue to enjoy income tax exemption for the funds they collect as the Supreme Court ruled on Wednesday that there is no illegality in the exception made to keep parties out of the tax net. The decision puts to rest the debate over whether the exemption was an unfair privilege granted to political parties. - Summarized by Younews. Click source or reader for more.
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