Indian Government Introduces New Rules for Political Party Donations: What You Need to Know

If you have made a donation to a political party or are planning to make a donation in the future, then this news is for you. Yes, because the government has made some important changes in the new ITR forms for the assessment year 2026-27, so that now more information has to be given than before to take the tax deduction. Especially the exemption under Section 80GGC has now been increased. Let's understand in detail what you have to do to take the tax deduction for giving a donation to a political party. Let us tell you that earlier if you gave a donation to a political party through bank, cheque or UPI, then you had to give only basic information like the donation amount and date. But now, according to the new rules, you have to give the name of that political party and its PAN number as well. The purpose is that the government now wants more transparency and stop bogus claims.