Advisers, their spouses must file asset statement within 15 days of tax return submission deadline: Govt

The Cabinet Division disclosed the rule in a gazette notification regarding the “Policy on Disclosure of Statement of Income and Assets of Interim Government Advisers and Persons of Equivalent Rank, 2024” today (1 October).

TBS Report

01 October, 2024, 07:20 pm

Last modified: 01 October, 2024, 07:28 pm

From now on, any adviser or other officials of equivalent ranks and their spouse must submit their income and asset statements within 15 working days of the tax return submission deadline.

The Cabinet Division disclosed the rule in a gazette notification regarding the “Policy on Disclosure of Statement of Income and Assets of Interim Government Advisers and Persons of Equivalent Rank, 2024” today (1 October).

The officials must submit the statements to the chief adviser through the Cabinet Division, according to the notice. 

At the same time, if their spouses have any separate income sources, their income and asset statements must also be submitted to the chief adviser.

The new policy also states that the chief adviser will publish the statements in a suitable manner at his own discretion.