J&K Govt Seeks Asset Details From Employees

Srinagar- The Jammu and Kashmir government on Tuesday asked all its employees to submit annual returns through online mode for a calendar year and provide details regarding the assets possessed by them and their families.

In a notification issued on Tuesday, Principal Secretary to the Government, Manoj Kumar Dwivedi has directed that every public servant shall submit annual return through online mode for the calendar year between 1st and 31st January, of the next calendar year, in respect of all the assets possessed by him and his family members which shall include the assets in respect of movable property, the value of which exceeds his two months basic salary in each case, giving full particulars regarding cash balance, saving bank deposits, shares, cash certificates, fixed deposits, debentures, security bond, jewellery ornaments and household items (electric and electronic items only).

In the amended notification issued in exercise of the powers conferred by section 16 of the Jammu and Kashmir Public Men and Public Servants Declaration of Assets and Other Provisions Act, 1983, the Government hereby makes following amendments in the Jammu and Kashmir Public Servants Declaration of Assets and Other Provisions Rules, 1998, the government has also restricted employees from acquiring or transferring moveable property

“Every public servant shall bring to the notice of the prescribed authority the acquisition or transfer of movable property where the value of such property exceeds his two months basic salary in each case,” reads the rule 4 of the notification.

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