Srinagar  12 April :

The BJP is the richest national party with an income of ₹1,034 crore in FY 2016-17 when demonetisation was implemented, an Association for Democratic Reforms report said.

It accounted for 66% of the total income of the seven national parties, the report revealed. Congress reported the second highest income at ₹225 crore while CPI reported the lowest at ₹2.08 crore.

Seven national parties declared a total income of Rs 1,559.17 crore in 2016-17, with BJP having the highest — Rs 1,034.27 crore, says a report.

The data has been compiled from Income Tax returns filed by the parties across the country.

The seven national parties declared a total expenditure of Rs 1,228.26 crore, the report added.

BJP declared the maximum expenditure of Rs 710.05 crore in 2016-17, while Congress incurred a total expenses of Rs 321.66 crore (Rs 96.30 crore more than its total income). (IE)


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