New ECI Portal

New ECI Portal
  What
    Web portal for political parties
    Purpose: file financial accounts
  Why
    Address difficulties of physical filing
    Enable timely filing of accounts
    Online data availability for improved compliance and transparency
  Significance
    Part of 3C strategy
      Cleanup
      Crackdown
      Compliance
  How does it work?
    Allows parties to file financial accounts online
    Justification required if not filing online
      Published on ECI website for voters
  Who
    Election Commission of India
  Facts
    Requirements under 1951 Representation of the People Act
      Submission of Contribution Report
      Submission of Audited Annual Account
      Submission of Election Expenditure Statement
    Proposed amendments to RPA 1951 by ECI
      Reduce cash contributions reporting limit from ₹20,000 to ₹2,000
      Exempt cash donation less than ₹20 crore or 20% of total donation
      Include audit mandates and filing before ECI
      Update definition of 'foreign sources'

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