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Clues by NC Team • 15 Apr 2019, Monday

TCS, in one of its highest electoral funding, gave Rs 220 crore ($31.2 million) to an electoral trust in the fourth quarter ended March, which it accounted under other expenses in its profit and loss account. It is not clear which parties benefited from the contribution. India has a number of electoral trusts, which are intermediaries between corporates and political parties. The biggest of these is the Prudent Electoral Trust, where the biggest contributors are the Bharti Group and DLF. In 2017-18, Prudent gave almost all the money it generated – Rs 144 crore of Rs 169 crore – to the BJP. 

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