40 out of the 67 regional parties are analysed, only 12 regional parties submitted their contribution reports on time for FY 2024-25.

21 regional parties delayed the submission of their contribution reports ranging from 8 days to 160 days for FY 2024-25 while 14 regional parties delayed their submission of these reports for FY 2023-24 from 2 days to 109 days.

The total value of declared donations also witnessed a three-fold increase, rising from Rs 347.693 crore in FY 2023–24 to Rs 1,051.556 crore in FY 2024–25.

DMK declared the highest donations (above Rs 20,000) worth Rs 365.784 cr from 467 donations in FY 2024-25. In FY 2023-24, TDP declared the highest amount of donations of Rs 100.1889 cr from 172 donations.

Three parties SKM, NDPP and AIMIM reported zero donations above Rs 20,000 in FY 2024-25 despite having reported such donations in FY 2023-24.

Prudent Electoral Trust emerged as the largest donor across both financial years, contributing Rs 434 cr through 38 donations (Rs 253.50 cr in FY 2024–25 and Rs 180.50 cr in FY 2023–24), accounting for over 52% of the total contributions made by the top 10 donors.

M/S Tiger Associates was the second-largest donor, contributing Rs 160 cr through five donations, all made during FY 2024–25.

Electoral Trusts continued to dominate political funding. Prudent Electoral Trust, Progressive Electoral Trust, and AB General Electoral Trust together contributed Rs 536 cr, constituting approximately 64.4% of the total donations made by the top 10 donors across the two financial years.

The total value of donations declared by Regional Political Parties increased from Rs 347.554 cr in FY 2023–24 to Rs 1,036.323 cr in FY 2024–25, an increase of Rs 688.769 cr (198.18%).

Corporate/Business Houses remained the largest source of political funding, contributing Rs 872.538 cr through 650 donations, accounting for 62.36% of the total value of donations received during the two financial years.

The value of donations from Corporate/Business Houses almost tripled, increasing from Rs 227.606 cr (65.46%) in FY 2023–24 to Rs 644.93 cr (61.33%) in FY 2024–25, although their share in the total value of donations declined marginally by about 4 percentage points.

The value of donations from undeclared donors increased dramatically, from Rs 6.62 cr in FY 2023–24 to Rs 302.667 cr in FY 2024–25, an increase of over 4,470%. Consequently, their share in the total value of donations rose from 1.90% to 28.78%.

Funding remained concentrated among a few Regional Political Parties, with DMK, AITC, YSR Congress and TDP together accounting for more than 60% of the total donations declared during FY 2023–24 and FY 2024–25.

Regional Political Parties reported 1,978 donations worth Rs 13.391 cr without declaring the mode of payment in FY 2024–25, whereas no such donations were reported in FY 2023–24.

Regional Political Parties received the overwhelming majority of donations from within India, amounting to Rs 1,052.879 cr through 5,431 donations, constituting 75.2% of the total contributions received during FY 2023–24 and FY 2024–25.

Donations from donors with undeclared addresses totalled Rs 345.594 cr through 2,638 donations across the two financial years, accounting for 24.7% of the total value of donations received.

Delhi emerged as the largest contributor during FY 2023–24 and FY 2024–25 combined, with 574 donations amounting to Rs 433.776 cr, followed by West Bengal (Rs 172.935 cr) and Maharashtra (Rs 158.806 cr).

Donations without PAN details increased sharply in value, rising from Rs 7.685 cr in FY 2023–24 to Rs 329.582 cr in FY 2024–25, accounting for 31.3% of the total donations received in FY 2024–25.