The Supreme Court has issued directions for strict implementation of the Rs.2 lakh limit on cash transactions, which was introduced by the government under the Finance Act, 2017, and came into effect from April 1, 2017.
The State Bank of India revealed acquiring 22,217 electoral bonds of varying denominations from April 2019 to February 2024. Lawyer Kapil Sibal raised concerns over transparency, criticizing political promises. The debate intensified as data showed significant contributors to political parties. The controversy fuels demands for judicial intervention and thorough investigation into political funding transparency.
