Theft  fear about declaration of  “Cash in hand &  Jewellery”  as per  “Lok pal and Lokayukta Act”.

Number of representations receiving to govt. from employees side on this issue:

While placing data of movable and immovable property declared by the government servant may lead:- 

Movable property point of view:- 

(1). Theft fear for themselves and their family numbers for cash and jewellery point .

(2). A person savings every year some amount and as he has accumulated let us  say 50 lakh in PPF deposit  over a period of years while showing this amount as asset in web badly reflect on employee side.

(3). May lead some personal obligations for asking Loan by some one are relatives etc.

(4). The data may misuse by others. 

(5) Let an employee starts savings by  not knowing to family members  by declaring the amount may lead to diversion to other purpose and savings aim of the employee spoils.

Immovable Property point of view:-

       1)      A land or Plot purchased long back with low cost and now having lakhs of Value.

2)      While watching the data unnecessary calls from  non life(Vehicle and fire)  / life insurance company agents.

3)      There is a scope of  financial barrier among employees.

 //Disclaimer :- The information given in this blog does not have  legal value and not authorized one . If any one feels not agree about the news and articles simply sign off this blog. //