ISLAMABAD: Ahead of the upcoming International Monetary Fund (IMF) Executive Board meeting, the federal government has amended the Civil Servants’ Asset Rules 2023.
The Federal Board of Revenue (FBR) issued a notification redefining the term “civil servants” as “public servants,” effectively broadening the scope of officials required to declare their assets, income and liabilities.
Under the new definition, public servants now include officers of Grade 17 and above in both federal and provincial governments. The amendment also extends to officers working in autonomous bodies and corporations, thereby covering a wider segment of public officials under asset declaration rules.
However, individuals exempt under the National Accountability Bureau (NAB) Ordinance 1999 will not be included in this expanded definition. The revised rules aim to ensure stricter compliance with financial disclosure requirements and promote accountability in public service.
The amendment was drafted under Section 237 of the Income Tax Ordinance 2001, following consultations with relevant stakeholders.
The FBR had circulated a draft of the amended rules last month, inviting feedback, objections, and suggestions from stakeholders before finalizing the notification. This process was undertaken to ensure transparency and to incorporate input from those directly affected by the regulatory changes.
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