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ECP directs political parties to submit annual financial statements by August 29

admin by admin
July 2, 2025
in National, Politics
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Islamabad: The Election Commission of Pakistan (ECP) has issued a reminder to all political party leaders to submit their consolidated financial statements for the fiscal year 2024-25 by August 29, 2025.

According to an official press release, the requirement is in accordance with Section 210 of the Elections Act, 2017, alongside Section 204 and Rules 159 and 160 of the Election Rules, 2017. The financial statements must be submitted on Form-D and should cover the fiscal year ending on June 30, 2025.

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The ECP highlighted that, under the law, political parties are obligated to file audited statements prepared by a Chartered Accountant. These statements must outline the party’s annual income and expenditures, sources of funding, assets, and liabilities.

The Commission emphasized that submission of these documents within 60 days of the fiscal year’s end is mandatory.

The Consolidated Statement of Accounts to be submitted to the Election Commission complete in all respect and shall accompany by 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: –
i.No funds were received by the party from any source prohibited under the Elections Act, 2017.
ii.The statement of accounts contains an accurate picture of the financial position of the party.
iii.The information given above is correct to the best of my knowledge and belief.
iv.The above statement is audited by the Chartered Accountant and detailed report thereof is annexed.

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. Form-D / Proforma for source of funds are also available on ECP’s Website.

Overwriting should be avoided. The attested copy of Membership / Certificate issued by ICAP in respect of Auditor engaged shall be annexed to the Form-D along with last valid renewal certificate.

The Form-D shall also accompany a legible copy of each of the bank statements for the period of 01.07.2024 to 30.06.2025 of the party, along with a bank reconciliation statement.
The subject statement shall be addressed to the Secretary, Election Commission of Pakistan, Constitution Avenue, G-5/2, and Islamabad and shall be delivered through an office bearer of the party, duly authorized by the party head in terms of rule 156 of the Election Rules, 2017. Statements received through post, fax, courier service or any other mode shall not be accepted.

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