Intimation of suvival benefits recieved fom lic

GUNASHEKAR (Querist) 31 October 2014 This query is : Resolved
I am a Cental Govt. employee and recently I have recieved Rs.80,000=00 as survival benefits unde money back policies from LIC of India.Should I intimate the reciept of Rs.80,000=00 to my Department under Rule 18(3) of CCS conduct Rules.

With regards
G.SHEKAR

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V R SHROFF (Expert) 31 October 2014
Any harm by intimation? facts remains fact.
So why not intimate???

Rajendra K Goyal (Expert) 31 October 2014
No harm in intimating. If assets and liability statement is being submitted by you, mention the fact in that also.

Guest (Expert) 31 October 2014
You must do that.

Sudhir Kumar, Advocate (Expert) 01 November 2014
please read rule 18(3) of CCS (conduct0 rules

[(3) Where a Government servant enters into a transaction in respect of movable property either in his own name or in the name of the member of his family, he shall, within one month from the date of such transaction, report the same to the prescribed authority, if the value of such property exceeds two months’ basic pay of the Government servant:

Provided that the previous sanction of the prescribed authority shall be obtained by the Government servant if any such transaction is with a person having official dealings with him.]

Sudhir Kumar, Advocate (Expert) 01 November 2014
repeated

http://www.lawyersclubindia.com/experts/Reciept-of-Survival-Benefit-of-rS-80-000-00-FOM-lic-NOT-intimated-to-the-Dept-under-Rule18-3--504906.asp#.VFRPtGeO5G0