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of <h1>SEBI Amends Regulation 66: Employees Must Declare Assets and Liabilities Annually by July 31 Under New Rules.</h1> The Securities and Exchange Board of India (SEBI) issued the Second Amendment to the Employees' Service Regulations, 2015, effective upon publication in the Official Gazette. The amendment modifies regulation 66, requiring employees to declare their assets and liabilities. New employees must submit this information within 30 days of joining, while existing employees must comply with the Lokpal and Lokayuktas Act, 2013, by providing relevant details. Additionally, all employees are required to file an annual return of their assets and liabilities by July 31 each year. This amendment follows several prior amendments to the original 2001 regulations.
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