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Days after the currency ban, Finance Minister Arun Jaitley had said political parties can also deposit their cash held in banned 500, 1,000-rupee notes in banks till December 30 without having to pay tax, provided they can explain the source of income. But he said the parties cannot accept donations in the banned currency and their books of accounts should reflect the entries prior to November 8.
The BSP is one of the key players in the coming assembly elections in the state, scheduled to be held next year.
(Sourced from agencies, feature image courtesy:oneindia.com)