New ECI Portal

Swetha 04/07/2023

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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Categories: Elections & Democracy

Tags: 04.07.2023, Newsbits

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