A committee to simplify forms and process for central government
The Centre has formed a committee to simplify forms and the process for central government employees to file details of their assets and liabilities along with that of their spouses and dependent children as mandated by the Lokpal Act. The committee, formed by the Department of Personnel and Training (DoPT), will examine the forms prescribed under the Lokpal rules for filing the returns and suggest necessary changes in them, official sources said. The DoPT had yesterday notified the Public Servants (Furnishing of Information and Annual Return of Assets and Liabilities and the Limits for Exemption of Assets in Filing Returns) Amendment Rules, 2014, extending the date for the filing of such returns to December 31 from September 15. As per the rules, notified under the Lokpal and Lokayuktas Act, 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. DoPT has earlier issued a form for filing these returns which have space for mentioning details of 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 any person or entity, among others.
Source: Zee News
Department of Personnel and Training, DoPT, Insurance policies, Lokpal Act, Lokpal and Lokayuktas Act, Lokpal rules, Mutual funds, personal loans, provident fund