Movable Property Intimation Form For Central Government Employees In Collin

Category:

Leases - Contracts

State:

Multi-State

County:

Collin

Control #:

US-00123

Format:

Instant download

Description

The Movable property intimation form for central government employees in Collin is a crucial document designed for reporting the ownership and details of movable property held by employees. This form serves to maintain transparency regarding the assets that employees possess, ensuring compliance with government regulations. Key features include sections for the employee's basic information, detailed descriptions of the movable property, and an acknowledgment of the employee's duty to report changes in property status. Filling instructions emphasize clarity, requiring employees to provide accurate and complete information. Additionally, users should update the form whenever there are relevant changes in their property status. Attorneys and legal professionals can utilize this form to advise clients on compliance with property reporting obligations, while paralegals and legal assistants may facilitate its filling and submission as part of administrative duties. This form is essential for maintaining proper records and may serve various legal functions in case of disputes regarding asset ownership.

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FAQ

Note:- The declaration form is required to be filled in and submitted by member of Class – I and Class – II services under rule 18 (2) of the CCS (Conduct) Rules, 1964 on first appointment to the service and thereafter at the interval of every twelve months, giving particulars of all immovable property owned, acquired ...

An asset that does not have the capability to move from one place to the other is considered immovable property. In the real estate market, immovable property includes residential properties, warehouses, manufacturing units, and factories.

Since September 2023, Law No. 048/2023 dated 05/09/2023, determining the sources of revenue and property of decentralized entities, has established a tax on the sale of immovable property, levied at two different rates of 2 percent and 2.5 percent.