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.
