All govt employees ordered to submit wealth statements | The Business Standard
Skip to main content
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Tuesday
June 03, 2025

Sign In
Subscribe
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
TUESDAY, JUNE 03, 2025
All govt employees ordered to submit wealth statements

Bangladesh

TBS Report
01 September, 2024, 10:20 pm
Last modified: 01 September, 2024, 10:24 pm

Related News

  • Ministry reconstitutes permanent committee on govt employees' demands amid nationwide protests
  • 162 candidates finally included in 43rd BCS gazette
  • Govt set to amend public service law to allow swift dismissal of unruly civil servants
  • Up to 20% dearness allowance for govt employees likely from July
  • Employees' Unity Forum calls for cancellation of promotions, postings of pro-AL bureaucrats

All govt employees ordered to submit wealth statements

Wealth statement submission to be made mandatory for govt officials, says chief adviser

TBS Report
01 September, 2024, 10:20 pm
Last modified: 01 September, 2024, 10:24 pm
All govt employees ordered to submit wealth statements

The government has asked all government employees to submit their wealth statements.

Senior Secretary to the Ministry of Public Administration Dr Md Mokhlesur Rahman issued the directive today, said Mohammad Zakir Hossain, senior information officer of the ministry.

Detailed instructions on the deadline and procedure for submitting these wealth statements will be issued soon.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

On 25 August, Chief Adviser Dr Muhammad Yunus said advisers would soon disclose their wealth statements and that it would become mandatory for all public employees to submit their wealth statements to the government.

According to the Government Servants Conduct Rules, 1979, public officials are required to submit and disclose their wealth statements. However, this rule has not been consistently implemented. 

The High Court has also issued directives for enforcing these rules, but progress has been slow.

During the tenure of the Awami League government, significant assets accumulated through misconduct and corruption by former IGP Benazir Ahmed and National Board of Revenue member Matiur Rahman, among others, were disclosed. 

On 4 June, a meeting of secretaries discussed the issue. 

Cabinet Secretary Md Mahbub Hossain told reporters that the Government Servants Conduct Rules, 1979 would be revised, and a new regulation would be finalised. Also, the National Integrity Strategy 2012 would be revised.

Meanwhile, some government employees have expressed objections, stating that they already submit their wealth statements annually through income tax returns.

Under Sections 12 and 13 of the Government Servants Conduct Rules, 1979, officials are required to report the acquisition and sale of immovable property and submit their wealth statements.

They must also obtain government permission to buy or sell any property, including land, houses, or flats, and disclose the source of funds for such transactions. 

The sale price of assets must be reported to ensure compliance with valuation standards.

There are allegations that some public employees do not report their actual assets in their income tax returns or hide assets under different names. 

An additional form, IT 10B, is required for submitting wealth statements. There are three conditions under which the submission of a wealth statement is mandatory: if the total assets exceed Tk40 lakh, if one owns a vehicle, or if one possesses land, a house, or a flat in a city corporation area.

Top News

Government employees / Ministry of Public Administration / wealth statement

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Illustration: Duniya Jahan/TBS Creative
    A budget that shrinks to fit
  • Bold taxation but conventional expenditures
    Bold taxation but conventional expenditures
  • Foreign Investors' Chamber of Commerce & Industry (FICCI) is an apex body of foreign investors.
    Budget FY26: Ficci says some positive steps, flags concerns impacting business, investment climate

MOST VIEWED

  • Representational image/Reuters
    Remittance hits second-highest monthly record of $2.97b in May ahead of Eid
  • Photo: Courtesy
    Freshly designed banknotes hit Dhaka banks tomorrow
  • Screengrab from viral video
    Women threatened in Adabor thana: How BNP leader's attempt to save accused turned him into villain
  • Representational image. Photo: Collected
    First Security Islami Bank reports Tk55,920cr in classified loans
  • Bangladesh can be a first choice for our investment: Chinese business leaders 
    Bangladesh can be a first choice for our investment: Chinese business leaders 
  • Teesta River overflowing at one of its gates on 1 June 2025. Photo: UNB
    44 gates opened as water levels in Teesta rise

Related News

  • Ministry reconstitutes permanent committee on govt employees' demands amid nationwide protests
  • 162 candidates finally included in 43rd BCS gazette
  • Govt set to amend public service law to allow swift dismissal of unruly civil servants
  • Up to 20% dearness allowance for govt employees likely from July
  • Employees' Unity Forum calls for cancellation of promotions, postings of pro-AL bureaucrats

Features

Sketch: TBS

Budget FY26: What corporate Bangladesh expects

14h | Budget
The customers in super shops are carrying their purchases in alternative bags or free paper bags. Photo: Mehedi Hasan

Super shops leading the way in polythene ban implementation

13h | Panorama
Photo: Collected

Slice, store, sizzle: Kitchen must-haves for Eid-ul-Adha 2025

1d | Brands
The wide fenders, iconic hood scoop and unmistakable spoiler are not just cosmetic; they symbolise a machine built to grip dirt, asphalt and hearts alike. PHOTO: Akif Hamid

Resurrecting the Hawkeye: A Subaru WRX STI rebuild

1d | Wheels

More Videos from TBS

Budget 2025-26: Cost of buying flats and apartments is increasing

Budget 2025-26: Cost of buying flats and apartments is increasing

50m | Others
Interim govt. unveils national budget of Tk7.90 lakh crore

Interim govt. unveils national budget of Tk7.90 lakh crore

2h | Others
Election Countdown Begins After July Charter: NCP

Election Countdown Begins After July Charter: NCP

2h | TBS Today
The financial advisor's statement in the budget proposal is promising: Ashikur Rahman

The financial advisor's statement in the budget proposal is promising: Ashikur Rahman

2h | Others
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net