Reports have appeared in a section of the media regarding the election funding and expenditure of the CPI(M). This is nothing but disinformation designed to discredit the Party
The Party received Rs. 52,49,03,619 (50.55% of total income) as voluntary contributions from the Party members, sympathizers and general public. The donations are collected at ward, village, taluk, district and state levels by Party units such as branches, local committees, area/zonal committees, district committees, state committees and Central Committee.
The Communist Party of India (Marxist) has been submitting its audited statement of accounts regularly every year before the Income Tax Department and Election Commission. It has also been submitting the names of all donors who donated more than Rs. 20,000 as per the provisions of the Income Tax Act and People’s Representation Act.