Movable Property Intimation Form For Central Government Employees In Pima

Category:

Leases - Contracts

State:

Multi-State

County:

Pima

Control #:

US-00123

Format:

Instant download

Description

The movable property intimation form for central government employees in Pima is a crucial document used to declare and update information regarding movable assets owned by employees. This form ensures transparency and accountability in asset management for government employees, facilitating compliance with existing regulations. Users must accurately fill in details such as the type of property, its value, and the appropriate usage context. Editing this form is straightforward; users can update records anytime as long as they provide valid justifications for changes. This form is particularly useful for a variety of legal professionals, including attorneys, partners, and legal assistants, who may assist employees in navigating legal requirements associated with asset declaration. Additionally, paralegals and associates can utilize this form to help clients understand the importance of asset declaration and the potential legal implications of non-compliance. Proper use of this form can prevent legal disputes regarding ownership and asset management, making it essential for maintaining good standing within the government framework.

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FAQ

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.

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 ...