Tuesday, September 18, 2012

Lok Satta Party Income And Expenditure (2011-2012)

INCOME & EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31st MARCH, 2012

PARTICULARSRS.
INCOME
Membership Fee 2,687,080
Contributions 17,050,857
Other Income 3,137,787
TOTAL 22,875,724
EXPENDITURE
Administrative & Establishment Expenses 9,068,917
Promotion & Propagation Expenses 1,837,182
Election Campaign Expenses         1,998,955
Depreciation 468,548
Excess of Income over Expenditure 9,502,122
TOTAL22,875,724

1 comment:

  1. In USA there is a limit on how much an individual can contribute per taxcode, all political parties do announce, publish, debate, and discuss on open platform freely. No one pays anyone and no one accepts even if someone is ready to pay, just because it is illegal and per law they could be punished severely. Not worth trying. So the gist of this is - People are afraid or obey law (well put) as consequences are irreversible.
    Lessons Learned:
    1. Change in policies in India to make sure they work, and empower law enforcement, courts and justice depts, enquiry depts as independent agencies with checks and balances to effectively serve their purpose without any external or internal influences.
    2. Follow and educate people to follow even if people are from urban, rural, backward or any lawful location.
    3. Establish a workable sustainable System so the system can take care of the society.

    I guess this is very much debatable before drawing any conclusions prematurely.
    But thanks for reading my friends.
    India needs change and time has come

    Regards
    Murali

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