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APPENDIX Rule 3(1) Return of Assets and Liabilities on First Appointment or as on the * (Under Sec 44 of the Local and Lokayuktas Act, 2013)1. Name of the Public servant in full (in block letters)
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How to fill out declaration of assets and

01
Collect all relevant documents related to your assets, such as property ownership papers, bank statements, investment documents, etc.
02
Begin filling out the declaration form by providing your personal information, such as your name, address, and identification details.
03
Specify each asset separately, starting with real estate properties. Provide information such as property type, location, fair market value, and any outstanding mortgages or liens.
04
Move on to financial assets, including bank accounts, stocks, bonds, and other investments. Provide details of the financial institutions where these assets are held, along with their current values.
05
If you have any vehicles or other valuable assets, mention them in the declaration as well. Include information such as make, model, year, and estimated value.
06
Finally, make sure to sign the declaration form, declaring that the provided information is true and accurate to the best of your knowledge.
07
Submit the filled-out declaration of assets to the relevant authority or institution as per the requirements.

Who needs declaration of assets and?

01
Declaration of assets is required by individuals who fall under specific circumstances, such as:
02
- Public officials or politicians who are mandated by law to disclose their assets for transparency and accountability purposes.
03
- Individuals applying for certain types of loans or financial assistance, where the declaration of assets is a requirement to assess their financial standing.
04
- Executors or administrators of estates when dealing with inheritance or estate planning processes.
05
- Individuals involved in legal proceedings, such as divorce or bankruptcy cases, where the declaration of assets is necessary to determine financial settlements.
06
- Individuals seeking certain professional licenses or permits that require demonstrating financial stability.
07
- Organizations or entities who need to track the assets held by their members or employees for internal auditing or governance purposes.
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Declaration of assets is a formal statement disclosing an individual's or entity's assets, liabilities, and financial interests.
Public officials, government employees, and certain individuals holding positions of authority are typically required to file a declaration of assets.
The specific requirements for filling out a declaration of assets may vary by jurisdiction, but generally, one must provide detailed information about their assets, liabilities, and financial interests.
The purpose of a declaration of assets is to promote transparency and accountability in public office by disclosing potential conflicts of interest and preventing corruption.
Information such as real estate holdings, financial investments, business interests, and income sources must typically be reported on a declaration of assets.
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