ForumIAS LATEST
- SFG FRC 2027 | Program starts from 19th Dec. 2026 | Admissions open for Entrance Test Click Here to know more →
- Prelims Test Series (PTS) for Prelims 2027 starts 11th Oct. 2026 Click Here to know more →
- [Pre-order] Ethics Redbook 3rd Edition: Delivery starts from 10th October onwards Click Here to Read More →
- 21 Sept. | GS Advance Program (GSAP) for UPSC 2027 Mains starts from 11th Oct. Click Here to Read More →
- Election commission has announced that all candidates in the upcoming Lok Sabha election will have to declare (a) their income tax returns (ITRs) of past five years (b) details of foreign assets held by them and (c)Permanent Account Number(PAN) as per the Conduct of Election(Amendment) Rules 2019 notified by the Ministry of Law and Justice.
- Foreign assets means ‘details of all deposits or investments in foreign banks and any other body or institution abroad and details of all assets and liabilities in foreign countries’.
- The disclosure will not be limited to the candidate, but also cover the spouse,dependents and Hindu undivided family(HUF).HUF consists of all individuals who are lineally descended from a common ancestor and also comprises of unmarried daughters.
- Earlier, candidate used to disclose only the last IT return of self,dependents and spouse and there was no column asking them to share the details of foreign assets.
- Further,he is also required to file an affidavit which carries details about his/her assets, liabilities, educational qualification and criminal antecedents.
