Frequent question: Can an IAS officer invest in stocks?

Can IAS officers trade in stocks?

35(1) No Government servant shall speculate in any stock, share or other investment: Provided that nothing in this sub-rule shall apply to occasional investments made through stockbrokers or other persons duly authorized and licensed or who have obtained a certificate of registration under the relevant law.

How much can an IAS officer earn legally?

How Much Does an IAS Officer Earn?

Grade Pay Scale Grade Pay
Junior Scale Rs 50,000 – 1,50,000 Rs 16,500
Senior Time Scale Rs 50,000 – 1,50,001 Rs 20,000
Junior Administrative Grade Rs 50,000 – 1,50,002 Rs 23,000
Selection Grade Rs 1,00,000 – 2,00,000 Rs 26,000

Can IAS keep beard?

Present yourself before the UPSC interview board clean, neat and tidy. Make sure you have a good haircut, clean nails, comb your hair well, maintain a smooth-shaven face and if you have beard trim it to maintain it tidily. It is also recommended to cleanse your face to remove sweat, oil, dirt and brighten your face.

Can IAS wife do business?

Serving IAS officers can resign from their post to run their own business. Serving IAS officers can use their private legal money to make legal investments and buy stocks. IAS officers can have their family and friends start a business in their stead while they act as advisers and share their ideas.

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Do IAS pay tax?

In the article, you get the idea of IAS salary in India, and also the pay scale/ salary structure of IAS officers after the 7th Pay Commission.

IRS Salary Structure, Job Profile.

Designation Pay Scale
Additional Commissioner of Income Tax INR 37400 – 67000 + Grade Pay of INR 8700

Which degree is best for IAS?

To become an IAS Officer you need to be graduate from any recognized university. Now coming to your question most of the aspirants prefer humanities degree courses over any other courses due to the fact that it help them a lot during the preparations. You can do B.A, B.A Political science, B.A History etc.

Do IAS officers get holidays?

Holidays of an IAS Officer

Study leave: One can take a leave for studying for two to three years. … Maternity leave: A mother IAS officer can take a leave for 180 days to take care of their newborn. 4. Adoption leave: A woman can take a leave of 180 days whereas a man for 15 days.

Do IAS officers keep guns?

Security: They can get their own licensed guns like other citizens but they are not allotted a gun by the government. However, they are allotted three home guards and two bodyguards for themselves and their families.

Can IAS wear jeans?

Do not wear sneakers, chappals, noisy shoes or very high heels. Do not wear too expensive accessories or jewellery. For example, for females, bangles can be very distracting. Wearing jeans should be strictly avoided.

Who can suspend IAS officer?

Q. 1. Who is competent suspend an IAS officer? to The Government in connection with whose affairs the officer is serving.

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Who can dismiss an IAS officer?

Simply speaking, only the President of India can suspend or dismiss IAS officers after reviewing their case. The central government also has rights in this matter. If the suspension is to last for more than a year, the Central Review Committee has to be consulted.

Can two IAS officers marry?

According to DoPT rules, inter-cadre transfers of officers of the All India Services are permitted on account of marriage. Until three years ago, two officers who chose to get married to each other would be given a common cadre that wasn’t the home cadre of either.