Employees need to send an intimation if total transactions in shares, securities, debentures, mutual funds scheme and the like exceeds six months' basic pay during a calendar year.

2)According to the earlier rules, Group 'A' and 'B' officers were to disclose such details if the total transaction in shares, securities, debentures or mutual fund schemes etc. exceeded Rs 50,000 during the calendar year.

3) The upper limit was Rs 25,000 for those working in Group 'C' and 'D'.

4) The government has now decided that all government employees need to send an intimation if total transactions in shares, securities, debentures, mutual funds scheme and the like exceeds six months' basic pay during the calendar year, the ministry sai

Service rules say no government servant shall speculate in any stock, share or other investment.

It has also been explained in the service rules that frequent purchase or sale or both, of share, securities or others investments shall be deemed to be speculation.

2) But, the occasional investments made through stock brokers or other persons duly authorized and licensed or who have obtained a certificate of registration under the relevant laws is allowed in this rule," the Personnel Ministry said.

The move to revise the monetary limit may have been necessitated after government employees' salary hike following the recommendation of seventh central pay commission, officials said.

3) as far as ITR consult a local CA 

There is no limit in savings in MF. 

You have to disclose all your savings and property in property return form and to submit to your employer and also in your income tax return.

You can invest in SIP and show the same in investment of 1.5 lakhs deduction. There is no bar. 

1. Yes you can invest in Mutual Fund.

2. There is no bar as such.

3. The CA will file your income tax accordingly. You may approach the CA who will help you in filing appropriate forms.

Regards

1. There is no legal infirmity for a government employee to invest in mutual funds out of his salary income savings amount, in fact government itself is encouraging such savings hence you do not have to be worried on that count.

2. You can invest any amount you can afford after meeting your expenses out of your salary income towrds savings through mutual fund, there is no restriction, dont be misguided by any rumours.

3. You can show the investment and savings element in your ITR every year, in which the details of mutual fund investments also can be reflected.

You will be filing your ITR through your auditor only, you may inform him the details who will take care of all such issues.

according to the rules, government servants need to report any transaction in respect of movable property either in their own name or in the name of a member of their family if the value of the property exceeds two months' basic pay.This needs to be done within one month from the date of the transaction.

Profits arising from the sale of capital assets like mutual funds, stocks, gold and immovable property (house or land) are capital gains. Taxpayers have to report capital gains in schedule CG of the ITR forms.

1. As per Central Civil Services conduct rules , A government employee can invest in shares , debentures and mutual funds , but cannot speculate in any form. 

2. There is no limit on investing in mutual fund , but as per rule , all government employees need to send an intimation if total transactions in shares, securities, debentures, mutual funds scheme exceeds six months' basic pay during the calendar year.

3.If, you are investing maximum amount in the mutual fund etc, then you should to take help of a C.A. for disclosing the same as per rule. 

Yes it is legal to invest in mutual funds for future savings.

It depends on your financial capacity that what amount you can invest in MF's. 

You have to disclose MF's when you gain profit while closing your fund in column of income from investments

1. Yes it is legal to invest , you cannot participate in frequent trading that is purchase and sale though you can invest.

2. You can invest as per your income and you have to reflect same in your income tax statements and filings.

3. In ITR one in other income.

No you won't get any notice.