Tuesday, September 09, 2014

Centre relaxes deadline for civil servants to furnish list of assets till December 31

IN A major relief to civil servants who have been trying to figure out how much assets they have including details such as the amount of gold jewellery etc. in their possession, the Centre has now extended the deadline from September 15 to December 31, 2014. There were reports that many civil servants were finding it tough to meet the deadline as…
according to Public Servants (Furnishing of Information and Annual Return of Assets and Liabilities and the Limits of Exemption of Assets in Filing Results) Rules, 2014, the list of submission of assets is pretty long, and a public servant has to show assets and liabilities of his or her spouse and dependent children too.
Before the Lokpal and Lokayuktas Act, 2013 came into force, the civil servants needed to submit just the immovable properties such as land, flats etc., and that too of their own. Now, they need to submit everything: cash in hand, bank deposits including fixed deposits, details of bonds, shares, mutual funds etc., details of postal savings, insurance, provident fund, details of gold, silver and precious stones etc. That’s not all. As BoI wrote in an article on July 23, 2014, a bureaucrat now will have to furnish details of "motor vehicles, aircraft, yacht, ships" etc. owned by self, spouse or dependent children, in Form-II (serial no: VII) of submission of assets and liabilities under Lokpal and Lokayuktas Act, 2013.
Sensing that it would be difficult for the civil servants to comply with the September 15 deadline, the Centre issued an order amending the Lokpal and Lokayuktas (Removal of Difficulties) Order, 2014, for the purpose of extending the time limit for carrying out necessary changes from “two hundred and seventy days” to “three hundred and sixty days” from the date on which the Act came into force, i.e. January 16, 2014. The new order was notified on September 8, 2014. In simple words, the deadline for filing asset returns got extended from September 15, 2014 to December 31, 2014. 

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