Table of Contents
How do IAS hide their black money?
They purchase land, flats, orchards, agricultural farms etc in benami deals who are confident close relatives, friends, parties with whom he has dealt with during services. He gives money to market brokers, stock exchanges, multi commodity exchanges, to builders, etc.
How much money can an IAS officer make?
The basic salary of an IAS officer is Rs 56,100 as per 7th Pay Commission. In addition to the salary, an IAS officer is also given several other allowances, including Travel Allowance and Dearness Allowance. The basic per month salary of an IAS officer can go on to reach Rs. 2,50,000 for a Cabinet Secretary.
Who are the most corrupt IAS officers in India?
Here are some of the most corrupt IAS officers in India: 1. S. Malaichamy In December 2012, a 72-year-old former MD at Khadi Gram Udyog was given a five-year jail term and fined Rs. 10 lakh by a Delhi court for possessing disproportionate assets of over Rs. 52 lakh.
Who was the 72-year-old former IAS officer who was sentenced to jail?
In December 2012, a 72-year-old former MD at Khadi Gram Udyog was given a five-year jail term and fined Rs. 10 lakh by a Delhi court for possessing disproportionate assets of over Rs. 52 lakh. He was an IAS officer of 1971 batch (AGMUT Cadre), who had also worked as Delhi’s Chief Electoral Officer.
How many IAS officers failed to report immovable assets in 2016?
Moreover, as per Government of India records, over 1,800 IAS officers deliberately failed to submit details of their immovable assets to the federal government for the year 2016. Recently, several Chief Secretaries and Principal Secretaries were arrested in graft and money laundering cases.
Can an IAS officer earn crores from LBSNAA?
Yes, an IAS officer can easily earn in crores that too legally. The key is proper investment in proper instruments. Suppose Mr. X gets appointed as an IAS officer at the age of 30. He will get around Rs. 40,000 as soon as he enters the LBSNAA.
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