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 Report, Audited Annual Account and Election Expenditure Statement 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 physical filing of reports, and secondly, to ensure timely filing of financial statements in the prescribed/standardised 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.
