Overview
- Under the July 14 order, any deal in movable property exceeding ₹5,000 or one month’s pay must be reported to the designated authority.
- Civil servants must obtain prior approval for transactions with individuals who are not regular or reputed businessmen and for any buying, selling, leasing or gifting of immovable property.
- Employees are now required to declare their own and co-resident family members’ immovable assets upon joining and at five-year intervals.
- Federation president Karam Ram has called the ₹5,000 threshold “ridiculous” and demanded the limit be raised to ₹1 lakh or the rule be withdrawn.
- Employees say the requirement turns routine buys—from clothes to appliances—into administrative hurdles.