The funds BJP received is more than the combined donations received by the Congress, the Nationalist Congress Party, the CPI and the CPM.
The BJP has received 3 times as much funds in donations as the Congress - a hefty Rs 437.35 crore compared to Rs 141.46 crore - so far in the financial year 2014-2015, says a report by the non-profit Association for Democratic Reforms and the National Election Watch.
With 1,234 catalogued donations -- all above Rs 20,000 -- from individuals and corporates, the BJP tops the list.
The funds it declared is more than the combined donations received by the Congress, the Nationalist Congress Party, the CPI and the CPM.
A chunk of this, 39%, came from corporates, and the state that contributed most is Maharashtra.
The amount of donation to the BJP increased from last year's Rs 170.86 crore to Rs 437.35 crore - a jump of 156%.
But percentage-wise, it is Sharad Pawar's Nationalist Congress Party that has witnessed the highest increase -- 177% from last year's Rs 14.02 crore to Rs 38.82 crore.
The BSP declared that it did not receive any donation above Rs 20,000, as it has been declaring for the past 10 years.
Among the corporates, it was Satya Electoral Trust that has donated the most to political parties, followed closely by the General Electoral Trust, the report said.
Satya Electoral Trust donated Rs 132 crore to three political parties. Of this, Rs 107.25 crore has gone to the BJP, which comprises 25% of total funds received by the party; the Congress has received Rs 18.75 crore, 13% of the donations it received. The NCP has received Rs 6 crore.
The General Electoral Trust did not make any donation to National Parties during 2013-14 but has contributed Rs 117.30 crore to the BJP and Congress. The BJP received Rs 63.2 crore - 14% of its total funds. The Congress received Rs 54.10 crore, 38% of its total funds.
The report also said there was ambiguity in the details of donations - many did not contain cheque numbers or PAN numbers of the donors.