Asked in Employment or Labour
Dear Sir, It is expected that a government employee's financial status will improve over time through salary and savings. Buying a property in 2026—three years into your service—is considered a legitimate use of your earned income or a home loan. 3. Compliance Requirements While buying property won't take away your job, as a government servant, you must follow the Central Civil Services (Conduct) Rules (or your specific state’s equivalent): Prior Intimation/Permission: You are generally required to inform your department or seek prior permission before acquiring immovable property (land, house, or flat). Annual Property Returns: You must declare this new asset in your Annual Immovable Property Return (AIPR) for the year 2026. Source of Funds: Ensure you can explain the source of funds (e.g., bank loan, personal savings, or family assistance).
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