Movable Property Intimation Form For Central Government Employees In Kings

Category:

Leases - Contracts

State:

Multi-State

County:

Kings

Control #:

US-00123

Format:

Instant download

Description

The Movable property intimation form for central government employees in Kings serves as a crucial document for the notification and registration of movable assets held by employees. This form is essential for ensuring transparency and accountability regarding personal property, aligning with government regulations. It is designed specifically for central government employees, making it relevant to their unique legal requirements. The form guides users through key details, including asset descriptions, ownership confirmation, and declaration statements. To complete the form, users should provide accurate information regarding each item of movable property, ensuring clarity in the declaration process. Legal professionals, such as attorneys, paralegals, and associates, can utilize this form to ensure compliance for clients or within their organizations. The form is also beneficial for legal assistants and partners in managing documentation related to property, helping them maintain organized records. Overall, this form is a vital tool for central government employees to formally indicate their movable property and fulfill their reporting obligations.

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FAQ

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.

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.

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 ...