ECP seeks statement of accounts from political parties for 2019-20

Author: Online

The Election Commission of Pakistan reminds the Political Parties in terms of section 210 of the Elections Act, 2017 read with section 204 of the Act ibid and rule 159 & 160 of the Election Rules, 2017, thereof, that they are required to file with Election Commission their statement of accounts for financial year, 2019-2020 on or before 29th August, 2020. It may be recalled that Section 210 of the Elections Act, 2017 provides that a Political Party shall, in such a manner as may be prescribed, submit to the Commission, within sixty days from the close of a financial year, a consolidated statement of its accounts audited by a Chartered Accountant on Form-D containing:- Annual income and expenses, Sources of its funds; and Assets and liabilities. The statement to be submitted to the Election Commission shall accompany the report of a Chartered Accountant with regard to the audit of accounts of a political party and a certificate signed by an office-bearer authorized by the party Head stating that No funds from any source prohibited under the Elections Act, 2017 were received by the Political Party and The statement contains an accurate financial position of the political party. The statement of accounts is to be submitted on Form-D as provided in the Elections Act, 2017. Printed Forms are available, free of cost, in the Election Commission Secretariat, Islamabad and in the offices of the Provincial Election Commissioners, Punjab, Sindh, Khyber Pakhtunkhwa and Balochistan.

Share
Leave a Comment

Recent Posts

  • Business

Pakistan’s PV boom gains long-lasting momentum amid multiple factors

Pakistan is undergoing a booming energy shift resulting in solar energy adoption among all orders…

13 hours ago
  • Business

PSX witnesses bullish trend, gains 366 points

The 100-Index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Tuesday, gaining 366.32…

13 hours ago
  • Business

PSX appoints new CEO

Pakistan Stock Exchange (PSX) on Tuesday announced the appointment of Farrukh H. Sabzwari as its…

13 hours ago
  • Business

AIIB to support Pakistan in meeting development goals

Terming Pakistan as an important partner country, the Asian Infrastructure Investment Bank (AIIB) on Tuesday…

13 hours ago
  • Business

Pakistan’s exports to UK increase by 8.39% in Q1 of FY2024

Pakistan's export of goods and services to the United Kingdom (UK) witnessed an increase of…

13 hours ago
  • Business

SECP conducts start up summit 2024 in Karachi

Securities and Exchange Commission of Pakistan (SECP) held a press briefing at its Head Office…

13 hours ago