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- 11th Class Maths
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- Abhiraj Singh
- Accountant
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- Air
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- Amazon
- Answer the Questions and Become Master
- App
- Applied sciences
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- Ashok Kumar
- B.Com Maths
- Balance Sheet
- bank
- Banking
- Banking Dictionary
- Become Rich in India
- bengali
- Best Teachers Rewards
- BHIM
- Biology
- Black Money
- Bodybuilding Education
- Bond
- Budget
- Business
- Business Dictionary
- Business Education
- Business Environment
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- C++
- CA
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- Canara Bank
- Canva
- capital
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- cartoon
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- CDSL
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- circle
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- curtain
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- depreciation
- determinant
- Domain Name System
- Dr. Mathura Das
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- drawing
- Dreams
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- MS Excel
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- Net Banking
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- Om Parkash
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- Prof. Ashwani Kumar
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- Rajesh Kumar
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- Share Market Dictionary
- Shiv Kumar Shabdra
- Silversmith
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- Singing Skills by Surinder Singh
- Skating
- Slideshow
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- Solution
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Learn Financial Freedom Step by Step
Electoral bond is the bond which was issued by State bank of India through passing the finance bill in lok sabha by BJP Govt in 2017 during union budget by Arun jaitely for getting the donation for their parties. It works as promissory note. Any Indian person or company can buy in the form of Rs. 1000 or Rs. 10,000 or Rs. 1 lakh or Rs. 10 Lakh or Rs. 1 crore. Donor identity was not disclosed. Only parties who are under the representation of people act 1951.
This bond had the validity of 15 days to donate and encashed through political parties.
How Became Electoral Bond
Electoral bond has made by SBI because Arun Jaiteley had amended RBI act to give power to RBI to publish Electoral bond like bank note. Arun jaiteley ameded representation of people act, companies act and income tax to achieve this goal.
Total Donation Received through Electoral Bonds
Rs. 9857 Crore through 18299 successful transactions
Process
1. First indian person or company buy bond through his KYC
2. With in 15 days, he will send to whom political party, he wanted to donate.But it will available 10 days of month of april, july and oct. and 30 days in general election.
3. If with in 15 days, deadline was not met, it will transfer to pm national relief fund.
Current Status
Now supreme court has stopped it because it realized it is unconstitutional. Supreme court had ordered to give all details of donors to election commission of India and ECI must publish in its public website. It had violated Indian consitution article 110. Supreme court judge also remove all the amendments in representation of people act, companies act and income tax because it violate the right to information act and voter's right to know the political funding.
Related
What is Sovereign Gold Bond (SGB)?
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Bond![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjRg0ONjv4V7Htev6xApGIH79I0b7A7HRYYkvHhu8IuwxvLNYLZp4RXQ7TbdSlXmCy54fYH2uiXIOCt3HqHftrMgC1M1MgRnpaQqMAIg_lgFzfszwMMtK224qCL_8TnBbakzYB8P73ciE-3xrsoFNvukOmhr0ZAmnpt8iyh8Mhh2YhYtVyzdc3On5KyiK5K/w640-h360/el%20bond.jpg)
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Who is business magnate?
business magnate is person who is successful business or investor. With his brain and skills, same person has collected big wealth and con...
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiz16ITlWYFNJnxL5PI06bonKbwRPW-AuICsx-vVWYwLjjqFLsrVbY1qrBIvfEo5NeXIYOsKOKCmB2SOb_sjvFCnpWL5Or6HNeVCV9CpN6DSXb3eTCpk1QiESscSV7GVQcKD6yK7mcznD6V5MQ1-V8Ks26j8FlCsHnbmBf_C58mN6O9oinnDN6GOUN0JQ8_/w640-h640/indian_business_magnate_with_team_of_sales_account_finance_tech_production_and_marketing_first_without_tie_brother.jpeg)
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- 11th Class Maths
- 11th Class Physics
- 5th Class Maths
- 6th Class Science
- Abhiraj Singh
- Accountant
- Accounting
- Accounting Concepts
- Accounting Course
- Accounting Education
- accounting equation
- Accounting Formats
- Accounting Scandals
- Accounting Solutions
- Accounting Videos in English
- Accounting Videos in Hindi
- Administration Skills
- Air
- Algebra
- Amazon
- Answer the Questions and Become Master
- App
- Applied sciences
- Aptitude
- Artificial Intelligence
- Ashok Kumar
- B.Com Maths
- Balance Sheet
- bank
- Banking
- Banking Dictionary
- Become Rich in India
- bengali
- Best Teachers Rewards
- BHIM
- Biology
- Black Money
- Bodybuilding Education
- Bond
- Budget
- Business
- Business Dictionary
- Business Education
- Business Environment
- Business Mathematics
- Business Skills
- Business Solutions
- C++
- CA
- Calculus
- cameras
- Canara Bank
- Canva
- capital
- car
- Car Driving Course
- Care of pet
- Career Solutions
- carpentry
- cartoon
- Cattle Domestication Skill
- Cattle Domestication Skill
- CDSL
- Charity
- chemistry
- circle
- Class 1 English
- class 1 Maths
- Class 10 Maths
- Class 2 Maths
- Class 5 Maths
- Class 6 Maths
- Class 7 Maths
- Class 8 Maths
- Class 9 Maths
- Commerce
- commodity market
- Communication
- Computer
- Computer Basics
- Computer Data Storage
- Computer Dictionary
- Computer Hardware
- Computer Networking
- computer science
- Computer Software
- Computer Solutions
- Construction Skills
- cooking education
- Cooking Skills by Ashwani
- Corporate Accounting
- Corporate Law
- corporate Scandals
- cost
- cost accounting
- Credit Card
- CSE
- css
- Currency
- Current Affairs
- curtain
- Dailymotion
- Debit Card
- DEMAT Account
- depreciation
- determinant
- Domain Name System
- Dr. Mathura Das
- Dr. MD Swatanter
- drawing
- Dreams
- Driving Education
- e-accounting
- Earn from eBooks
- Earn Money
- Earning
- eBooks
- Economics Education
- Education
- Education Solutions
- Electric Cycle
- Electric Scooter
- Electrical engineering
- Electrical Skills
- Electrical Skills by Ashwani Kumar
- Electronics
- Energy (physics)
- Engineering
- English
- Examination
- Failure
- Finance
- Finance Education
- Finance Solutions
- financial
- Financial Accounting
- Financial Service Providers
- FIR
- Focus on Study
- Football
- Forex
- Forex Trading Skills
- Free Maths Tools
- Fundraiser
- Gambling
- Gambling Addiction
- Gardening Skills
- Gas
- Gaupalan
- Geometry
- gold
- Goldsmith
- Google Admin
- Google AdMob
- Google Adsense
- Google Blogger
- Google Meet
- Google Pay
- Google play Console
- Google Play Store
- Gravity
- GST
- Guest Writers
- Gurpreet Singh
- Habits
- HDFC
- HDFC Bank
- Health Education
- Heat
- Help
- Hindi Language
- History
- Home Building
- Home Maintenance amp; Repair
- Home Remedies Course
- HR Management
- HTML
- Income Tax
- Index Number
- India
- India Post Payments Bank
- Indian Festivals
- Indian Language
- Influencer marketing
- Infolinks
- Inspiration
- inspire
- insurance
- intelligence
- Interest
- internal audit
- International Finance
- Internet
- Internet Forum
- Investment
- Javascript
- Jobs amp; Careers
- Journal
- journal entries
- journal entry
- Kenya
- Knot Skills
- Laptop Basics
- Law Education
- Law Solutions
- Learning
- Lecture
- Legal Document
- Legal Education
- Letter Formats
- LIC
- Light
- Limit
- Linear algebra
- Linear Programming
- Loan
- magnet
- Malaysia
- Management Accounting
- Management Education
- Management Solutions
- Manish Khurana
- Marketing Education
- Mathematics Education
- Maths
- Maths by Ashwani Kumar
- matrices
- MCAT
- Mechanical Skills
- Medical and Surgery Education
- Memories
- Mobile
- Mobile Software
- motivation
- Motorcycle Mechanic Skills
- MS Excel
- Music Skills
- Mutual Funds
- Nepal
- Nepali Language
- Net Banking
- Network addressing
- Nigeria
- Nishant Arya
- Om Parkash
- Online
- Online Teachers Support
- organisation
- Other
- Pakistan
- Payment Service Providers
- Payoneer
- paypal
- paytm
- PayU
- PERSONAL DEVELOPMENT
- Personal Finance
- Philippines
- Photography
- Photoshop Software
- PHP
- physics
- Picture
- Plumbing Education
- PNB
- Political Science
- Polynomial
- positive thinking
- Post Office
- Probability
- Prof. Ashwani Kumar
- Profiles
- Profit
- Programming Language
- Property Dealing Skills by Surinder Singh
- provision
- Publishing
- Punjabi Language
- Quiz
- Railway Exam
- Railway Technical Exam
- Rajesh Kumar
- RBI
- real estate
- Reasoning
- rectification
- rectification of errors
- Relationships amp; Family
- Religious Studies
- Result
- Sahas
- Sales Tips
- Sanskrit
- Saudi Arabia
- Saving
- SBI
- School Accounting
- science
- Science Education
- Science Quize
- Science Tests
- Secrets of Failure
- Security
- Self Identity
- Self-Learning
- Share Market
- Share Market Dictionary
- Shiv Kumar Shabdra
- Silversmith
- Singing Skills
- Singing Skills by Surinder Singh
- Skating
- Slideshow
- Social Media
- social science
- Solution
- Sound
- Space Science
- Special Days
- Spiritual Education
- Sports
- Start Own Business
- Statistics
- Statistics Education
- stock
- Stock Market
- Stories
- Story
- Students
- Success
- Surinder Singh
- svtuition
- Tablet Education
- Tailoring Skills
- Tally
- Tally Solutions
- Tally.ERP 9
- TallyPrime
- Tara Chand
- tax
- Tax Solutions
- teaching
- Teaching by Chanakya
- Teaching Education
- Teaching Skills
- Teaching Stories
- Tech by Ashwani
- Tech Simplify
- technical education
- Telecommunication
- Test
- Testimonials
- Time Management
- Time series
- Travel
- Trigonometry
- tuition
- TV Shows
- UK
- USA
- variance analysis
- VAT
- vector
- Video
- Video Creation Skills
- Video Editing
- Video on Demand
- VideoPad Video Editor
- videos
- Vocational Education
- Volume
- Water
- Wealth
- Weather
- Web design
- Web Hosting
- Web Software
- website
- Website earning
- Welding Skills
- Wife
- Wifi
- Window Movie Maker
- Wordpress
- working capital
- Writing
- written Communication
- Yono App
- Yono Cash
- You can Become Rich Also
- Youth
- youtube
- YouTube Studio skills
- YouTube Tutorials
- zigopay
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