Question
Which companies cannot make political contributions and
under section 182 of the Companies Act?Solution
Any company can make contribution to any political party, provided a resolution for making such contributions is passed at a meeting of Board of Directors. Companies that cannot make political contributions are the Government Companies and any company which has been in existence for less than 3 financial years.
What was the percentage surge in e-rupee circulation in FY 2024–25?
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