SC Issues Notice on Plea Challenging Income‑Tax Exemption for Cash Political Donations up to ₹2,000

The Supreme Court has issued notice on a petition challenging the income tax exemption granted to political donations up to ₹2,000 in cash. Petitioners argue that the loophole enables cash-based funding and opacity, undermining transparency in political financing. The case could impact electoral funding norms, regulation of political donations, and accountability in public office funding.