Political Parties will now be able to file financial accounts online

0
425
Election
Election
0 0
Azadi Ka Amrit Mahoutsav

InterServer Web Hosting and VPS
Read Time:2 Minute, 18 Second

Political Parties will now be able to file financial accounts online, with the Election Commission opening a web portal for filing three types of reports – Contribution Reports, Audited Annual Accounts, and Election Expenditure Statements by Political Parties

The initiative has been taken with twin objectives – to overcome difficulties in filing physical reports and to ensure timely filing in a standardized format

Commission to provide a manual and FAQ explaining the use of the online portal; Hands-on training sessions to be organized for political parties

By PIB Delhi

The Political parties will now be able to file their financial accounts online to the Election Commission. The measure has been enabled with the launch of a new web portal (https://iems.eci.gov.in/) to facilitate the online filing of Contribution Reports, Audited Annual Accounts, and Election Expenditure Statements by the Political Parties. These financial statements are required to be submitted by political parties to the Election Commission/Chief Electoral Officers of States/Union Territories, as per the Representation of People’s Act, 1951 & transparency guidelines issued by the Commission, from time to time, over the last many years.

 In a letter addressed to all political parties, ECI has said that the facility has been created with twin objectives: firstly, to facilitate political parties in overcoming the difficulties in the physical filing of reports, and secondly, to ensure the timely filing of financial statements in the prescribed/standardized formats. The online availability of the data is expected to enhance the level of compliance and transparency. In the letter, the ECI pointed to the pivotal position of political parties and stressed that it is incumbent on them to adhere to the principles of democratic functioning and transparency in electoral processes, particularly in financial disclosures.

The online portal also has a facility for sending reminders in the form of messages on the registered mobile number and registered emails of the authorized representatives of the political party so that the dates of compliance are not missed. A comprehensive guiding manual with graphical representations and FAQs has also been sent to the political parties explaining the online module and the process of filing reports online. To give further guidance on online filing, the ECI would also organize a hands-on training programme for the designated person(s) from various political parties.

The political parties not wishing to file the financial report through online mode will have to convey the reasons for not filing online to the Commission in writing and may continue to file their reports in hard copy along with CDs/Pen drives in the prescribed formats. The commission will, in turn, publish all such reports online, along with a letter of justification sent by the party for not filing financial statements online.  

About Post Author

Editor Desk

Antara Tripathy M.Sc., B.Ed. by qualification and bring 15 years of media reporting experience.. Coverred many illustarted events like, G20, ICC,MCCI,British High Commission, Bangladesh etc. She took over from the founder Editor of IBG NEWS Suman Munshi (15/Mar/2012- 09/Aug/2018 and October 2020 to 13 June 2023).
Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %
Advertisements

USD





LEAVE A REPLY

Please enter your comment!
Please enter your name here