Declare if you own yachts, planes: Centre to NGOs, their staff
October 18, 2016
New Delhi:Non-Government Organisations receiving foreign and domestic grants beyond a threshold limit and their staff have been asked to declare whether they own yachts and airplanes, while mandatorily giving details of their assets and liabilities under the Lokpal law.
The NGOs and their employees also need to give details of jewellery, cash in hand, deposits in banks, investments in bond, debentures and shares in an assets declaration form.
According to the Lokpal and Lokayuktas Act, 2013, all public servants, including a person who is or has worked as director, manager, secretary or any other officer in an NGO, need to file details of their assets and liabilities every year. The last date for filing such information is December 31, 2016.
However, these provisions are applicable to NGOs getting more than Rs one crore as government grant and donations above Rs 10 lakh from abroad, the Act says.
PTI
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