Finance ministry’s own division shares EC’s concerns on electoral bonds & transparency

Amendments proposed that contributions received through electoral bonds be excluded from political donations act | Wikipedia The Financial Sector Reforms and Legislation Division has agreed with the EC’s view, which is that the new laws are ‘retrograde’ and need to be withdrawn. New Delhi: The Election Commission’s concerns over the transparency of electoral bonds, introduced via the Finance Act, 2017, have been supported by the Financial Sector Reforms and Legislation Division of the finance ministry. According to an RTI filed by activist Commodore Lokesh Batra (retd), an official email from the…

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NACAC amends code of ethics to improve transparency in agent use

On Saturday, September 24, NACAC added two amendments instructing institutions to ensure agents they work with tell students which institutions are compensating them. “International students are often unaware that the agencies who are advising them are doing so on a per-capita commissions basis” And in their own promotional materials targeting international students, institutions should “offer to verify whether they have authorised any third party agents to represent them and indicate how students may request this verification”. NACAC’s members voted overwhelmingly in favour of the latest amendments to the SPGP at…

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