The central government has notified rules under the
Lokpal Act making it mandatory for all itsemployees to file declarations of
their assets and liabilities and those of their spouses and
dependent children.Assets to be declared are immovable properties, cash in hand, bank deposits, investment in bonds, debentures, gold and silver jewellery and bullion possessed, shares
in companies, mutual funds, insurance policies, provident fund,
personal loans and advance given to a person. Movable properties to
be declared are motor vehicles, aircraft, yachts or ships, by them, their
spouses and dependent children
It has issued new
forms for filing these returns which have fields to give details on cash
in hand, bank deposits, investment in bonds, debentures,
shares and units in companies or mutual funds, insurance policies, provident
fund, personal loans and advance given to a person or any entity,
among others.
The employees need to declare motor vehicles, aircraft, yachts or ships, gold and silver jewellery
and bullion possessed by them, their spouses and dependent children,
according to the form.
They need to give detail of their immovable properties and
statement of debts and other liabilities on
first appointment or as on March 31 of every financial
year.There are about 50 lakh
centralgovernment employees, including IAS, IFS and IPS, among others.
The rules, Public Servants (Furnishing of Information and Annual Return of Assets
and Liabilitiesand the Limits for Exemption of
Assets in Filing Returns) Rules, 2014– were notified by the Department of
Personnel and Training (DoPT) last week.As per the
rules, notified under Lokpal and Lokayuktas Act, every public servant
shall file declaration, information and annual returns of
his assets and liabilities as on March 31 every year on or before
July 31 of that year.These declarations are in addition to such returns being
filed by the government employees under various services rules.
However, the competent authority may exempt a public
servant from filing the information in respect of any asset if its value does
not exceed his or her four months basic pay or Rs two lakh, whichever is
higher, the rules said.The employees, who have already filed their
declarations, information and annual returns of property, shall
file revised declarations as on August 1, 2014, to the competent
authority on or before September 15, this year.
According to the Lokpal and Lokayuktas Act, a public servant shall
furnish to the competent authority the information relating to the assets of
which he, his spouse and his dependent children, jointly or severally, own. He is also
mandated to declare his liabilities and that of his spouse and his
dependent children, as per the Act
The government is in process of modifying certain rules, including
those related to search committee’s working, under the Lokpal Act. The Lokpal
and Lokayuktas Act provides for the establishment of a Lokpal for the Union and
Lokayuktas for the states to inquire into corruptioncharges
against public functionaries. President Shri Pranab Mukherjee had given his
assent to Lokpal Act on January 1, this year.
The format for various forms under Lokpal Act relating to Central
Government Employees are as follows.
The Economic Times
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