New Delhi, May 23: The regional parties in the country have had it pretty good if their income tax returns submitted to the Election Commission are anything to go by. A recently published report has revealed that 32 regional parties made Rs 321.03 crore in 2016-17 with the Samajwadi Party (SP) disclosing Rs 82.76 crore as its income followed by Telugu Desam Party (TDP) and All India Anna Dravida Munnetra Kazhagam (AIADMK).
The report by the Association for Democratic Reforms (ADR) had taken up for analysis the total income and expenditure incurred by 48 regional parties from across the country. ADR could not include 16 parties it wanted to cover as those hadn’t submitted their audit reports to the EC till the time the association prepared its report. These include some major parties like the Aam Aadmi Party (AAP) and the Rashtriya Janata Dal (RJD).
Meanwhile, the SP constituted 25.78 percent of the total income of the regional parties, while TDP, with an income of Rs 72.92 crore, formed 22.71 percent, and AIADMK formed 15.23 percent of the total income with an income of Rs 48.88 crore.
The top three regional parties which incurred the highest expenditure are SP that spent Rs 147.1 crore, followed by AIADMK which spent Rs 86.77 crore and DMK which spent Rs 85.66 crore. The ADR report also observed that AIMIM and Janta Dal Secular (JD(S)) had more than 87 percent of their total income remaining unspent while TDP had 67 percent of its income remaining unspent for 2016-17.
On the other end of the spectrum, the DMK claimed to spend Rs 81.88 crore more than its income, and SP and AIADMK declared spending Rs 64.34 crore and Rs 37.89 crore more than their total income, respectively.