All Central Government employees will now have to
compulsorily submit a detailed report on their properties and debt owed by
them…
Already, each year, the Group-A officials are required to
submit information about the immovable properties owned by them. Now All
categories of Central Government employees too have been asked to submit these
details. The DOPT has issued relevant orders to this effect.
The Government has issued this order in accordance with
the Lokpal rules. According to this rule, Central Government employees will now
have to submit all details regarding the cash-in-hand, bank investments, share
certificates, stocks and bonds, mutual fund investments, insurance policies,
P.F. details, loans, motor vehicles, gold and silver ornaments, and precious
metals, to the Government.
The employees have to also submit details of movable and
immovable properties owned by their spouses and children. Application forms
will be given to all the employees, to be filled up and submitted before the
31st of July for each financial year.
There are more than 50 lakh Central Government employees,
including IAS, IPS and IFS officers, all over the country. All of them will
have to henceforth submit details of their properties. If the total property
owned by the employee is less than his/her four months’ basic salary, or if the
total amount is less than Rs. 2 lakhs, then he/she could be considered for
exemption from submitting the information.
Those who have already submitted the details will have to
re-submit the form for the current financial year on or before September 15,
2014. Information also has to be furnished about the properties owned by the
spouse and children.
On January 1, President Pranab Mukherjee gave his
approval for the Lokpal Act and regulations. Following this, amendments were made
to the Lokpal Act to make it compulsory for all Central Government employees to
furnish their property details.
Source: CGEN.in
[http://centralgovernmentemployeesnews.in/2014/07/all-central-government-employees-will-have-to-compulsorily-submit-their-assets-and-liabilities/]
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