<p>Mumbai-based A B General Electoral Trust donated Rs 10 crore to the ruling Bharatiya Janata Party in the financial year 2021-22, the Election Commission of India said on Tuesday.</p>.<p>The trust received Rs 10 crore in two instalments of Rs 5 crore each from Hindalco Industries Ltd in the financial year and donated the entire sum to the BJP in two instalments of Rs 5 crore each.</p>.<p>Chennai-based Triumph Electoral Trust received Rs 50 lakh from Tube Investments of India Limited in FY 2021-22.</p>.<p>It donated the entire amount to Dravida Munnetra Kazhagam, the party which rules Tamil Nadu.</p>.<p>Both trusts had submitted their annual contribution statements to the EC which put them in public domain on Tuesday.</p>.<p>Electoral trusts are non-profit companies established for receiving donations from a person or a company and distributing the same to political parties. The trusts get income tax exemptions as well. </p>
<p>Mumbai-based A B General Electoral Trust donated Rs 10 crore to the ruling Bharatiya Janata Party in the financial year 2021-22, the Election Commission of India said on Tuesday.</p>.<p>The trust received Rs 10 crore in two instalments of Rs 5 crore each from Hindalco Industries Ltd in the financial year and donated the entire sum to the BJP in two instalments of Rs 5 crore each.</p>.<p>Chennai-based Triumph Electoral Trust received Rs 50 lakh from Tube Investments of India Limited in FY 2021-22.</p>.<p>It donated the entire amount to Dravida Munnetra Kazhagam, the party which rules Tamil Nadu.</p>.<p>Both trusts had submitted their annual contribution statements to the EC which put them in public domain on Tuesday.</p>.<p>Electoral trusts are non-profit companies established for receiving donations from a person or a company and distributing the same to political parties. The trusts get income tax exemptions as well. </p>