There is No limit on Giving donation but the Tax Deduction would be affected as follows:
In hands of Doner (Trust as mentioned by you):
Deduction would be allowed under section 80GGC for the donation made to political parties/electoral trust. BUT If anything is given in cash that would be Disallowed for 80GGC.
In hands of Political Parties/Electoral Trust:-
Any amount of donation received in Cash above 2000/- shall be Disallowed in their hands. But Upto 2000 cash donation can be accepted by them.
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