Electoral bonds are a double-edged sword, providing anonymity to donors while raising concerns about transparency in political funding. To what extent have electoral bonds further legitimized opacity in electoral funding?

Electoral Bonds were introduced under FINANCE Act, 2016 in intent of eliminating money power, tax evasion and bring in electoral transparency. Donor anonymity - ECI to be submitted funds issued in SBI. FUNCTIONS of electoral bond: they are issued to Political Party which must encash in 10 days, whitelist only repaid & Write money ex: KYL of Bond Purchase.