Sec. 182 of companies act, 2013

Hi Ekta,

As per the provisions of Sec182 of Companies Act 2013,

an company other than a

i) Government Company and ii) a company company which has been in existence for less than three financial years 

may contribute any amount directly or indirectly to a political party.

It means the above mentioned companies(i&ii) are completely prohibited from contributing to any political pary fund.

Other companies can contribute to any political party, but such contribution shall not exceed 7.5% of its average net profits during the three immediately preceding financial years. and als a resolution authorising such contribution should be passed at the board of directors meeting

Thank you v. much for clearing my doubt.. :)