July 22, 2014
The central government under the
Lokpal Act has made it mandatory for all its employees to file
declarations of their assets and liabilities as well as those of their
spouses and children.
According to the notified rules, government employees have to file returns with 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.
They need to give a detail of their immovable properties and statement of debts and other liabilities on March 31 of every financial year. (ANI)
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| Photo: IndianExpress |
According to the notified rules, government employees have to file returns with 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.
They need to give a detail of their immovable properties and statement of debts and other liabilities on March 31 of every financial year. (ANI)
