The deadline for central government employees to
file details of their assets and liabilities, along with that of their spouses
and dependent children, as part of mandatory obligations under Lokpal Act was
extended for the fifth time today till July this year.
The relevant rules under the Lokpal law have been
amended to extend the date of filing returns from April 15 to July 31, 2016, a
senior official in Department of Personnel and Training (DoPT) said.
This is the fifth extension in the deadline after
the Act came into force.
With the latest extension, employees will have to
file three declarations--one each for 2014, 2015 and 2016. There are about 50
lakh Central government employees.
The declarations under the Lokpal law are in
addition to similar ones filed by the employees under various services rules.
Employees have to give details like cash in hand,
bank deposits both in domestic and in foreign, investment in bonds, debentures,
shares and units in companies or mutual funds, insurance policies, provident
fund, personal loans and advance given to any person or entity, among others.
They also have to declare expensive furniture,
fixtures, antiques, paintings and electronic equipment if the total current
value of any particular asset in any particular category (e.g. furniture,
fixtures, electronic equipments) exceeds two months' basic pay or Rs one lakh.
As per rules, notified under the Lokpal and Lokayuktas Act, 2013, every public
servant shall file declaration, information and annual returns pertaining to
his assets and liabilities as on March 31 every year or on or before July 31 of
that year.
For 2014, the last date for filing returns was
September 15 of that year. It was first extended till December 2014, then till
April 30, 2015 and third extension was up to October 15.
The date was then extended to April 15, this year
for filing of returns for 2014 and 2015. Now it has been extended till July 31,
2016 and employees have to file one returns each for 2014, 2015 and 2016 by
this date, the official said.
Source : http://www.moneycontrol.com/
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