J&K Govt asks Govt servants to submit annual return online, Asset rules amended

Jammu, Jan 11 (UNI) In a major development, the Jammu and Kashmir government on Tuesday amended rules for all public servants directing them to declare details of only those moveable assets whose value exceeds two months’ salary.
The rules for governing declaration of assets by government employees are amended as per the notification issued on Tuesday.
In a notification, the General Administration Department (GAD) has ordered that public servants shall declare details of only those moveable properties in their annual returns whose value exceeds his two months’ salary.
“Every Public Servant shall submit annual return through online mode using the portal https://prs.jk.gov.in for the calendar year between January 1 and 31, 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,” read the notification.
“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 salaries in each case,” reads the Jammu and Kashmir Public Servants Declaration of Assets and Other Provisions Rules, 1998.
Before the amendment, the employees had to declare details of their moveable properties if their value exceeded Rs 20,000 in each case.
“The employees have to declare details of their cash balance, saving bank deposits, shares, cash certificates, fixed deposits, debentures, security bond jewelry/ornaments and household items (electric and electronic items only) in their annual returns,” read an order.

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