IAS officials and other civil servants may lawfully make crores of rupees by saving their salaries and investing them legally in equities, bonds, mutual funds, and real estate. When compared to the private sector, the salary following the 7th pay commission is still lower.
https://youtube.com/watch?v=ri5sFhaEFzY
What is the highest income of IAS?
Rs. 2,50,000
An IAS officer receives a starting basic monthly salary of Rs. 56,100 (TA, DA, and HRA are extra) and the highest salary as of now is Rs. 2,50,000 received by an officer of Cabinet Secretary rank.
Are IAS officers rich in India?
The salary ranges from Rs. 56,100 to Rs. 2,50,000, which is one of the highest pay scales offered in the country. This makes IAS Officers one of the highest-paid employees in the country.
What is in hand salary of IAS?
Rs. 56,100
Answer: The in-hand salary of an IAS officer as per 7th pay commission is Rs. 56,100.
Is IAS a high paying job?
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.
Can IAS become millionaire?
BL Agarwal, a Chhattisgarh IAS officer, was found to have a staggering 220 banks accounts and assets worth millions.
How much a corrupt IAS earns?
IAS officer posted as SDM in allotted district after 1 year of training. As SDM he earn black money range from 0 to 1 crores. If you are honest officer then you will earn zero black money. If you are corrupt officer then anything you can do.
Do IAS officers get foreign trips?
An IAS officer can go abroad for leave and he also has the right to apply for leave for travel. But they have to follow the rules of the government for this.
Do IAS trainees get salary?
The trainee gets paid during the training period. Each trainee is allotted a sum of 45000 rupees. However, the amount of mess and other facilities is deducted from it. So, the final amount they receive is 38,500 rupees.
Do IAS officers pay taxes?
According to the 7th Pay Commission, now every IAS officer will get his basic salary and according to TA, DA, HRA. After every promotion, there is an expansion in the salary of IAS.
Salary Structure of IRS Officers.
| Designation | pay scale |
|---|---|
| Additional Commissioner of Income Tax | ₹37,400 – 67,000 +Grade Pay 8700 |
What is the salary of CM?
Chief Ministers, MLAs and MLCs
| State | CM Basic Pay per month (excluding other emoluments and allowances) |
|---|---|
| Karnataka | ₹200,000 (US$2,600) (+Salary received as MLA/MLC) |
| Sikkim | ₹190,000 (US$2,500) (+Salary received as MLA) |
| Kerala | ₹185,000 (US$2,400) (+Salary received as MLA) |
| Rajasthan | ₹175,000 (US$2,300) (+Salary received as MLA) |
Who gives salary to IAS?
One of the most important parts in relation to the IAS salary is that the salary is decided and fixed by the Union Government of India, but it is paid from the State funds. The state to which the IAS officer is assigned pays the salary and the other benefits.
Is IAS a stressful job?
The Civil service job profile is always collaboration where one needs to work with legislators, authorities, and average folks. The IAS officers encounter the greatest anxiety and stress when they need to face a substantial number of vulnerabilities and constantly changing the workplace.
Who has more salary IAS or IFS?
IAS has a good amount of pay scale which is almost the same as an Indian foreign service officer. But the salary of the latter is higher than that of the former because an Indian foreign service officer gets more allowances than an Indian administrative officer.
Can IAS officer have side business?
IAS officers are strictly prohibited under governmental regulations from directly partaking in business for personal interest while serving as a bureaucrat. However, retired IAS officers are allowed to run their own businesses. Conduct rules prohibit IAS officers to engage in any other full-time occupation.
How much an IAS officer can earn illegally?
IAS officer posted as SDM in allotted district after 1 year of training. As SDM he earn black money range from 0 to 1 crores. If you are honest officer then you will earn zero black money. If you are corrupt officer then anything you can do.
Where is srushti Deshmukh posted?
Dindori districts
Her current posting is in the Dindori districts of Madhya Pradesh, India.
Can IAS officer buy property?
On an average, every IAS officer from 1984 to 1995 batches declared buying property worth Rs 1 crore during their career. Officers from 11 out of the 25 cadres in this batch bought more than Rs 1 crore worth of property, with those in Haryana being the richest.
Do IAS officers earn enough?
I have seen IAS with Mercedes, Audi, Porsche and all the luxury cars that you can imagine. As far as I know, their basic pay even after 10+ years is not more than 80-90k but they’re buying lands worth 10-20 crores every year and cars worth 80l-1cr.
Can IAS do stock market?
Business Conditions for IAS
Working IAS officers may use their private legal money to make legitimate investments and purchase stocks.
Do all IAS Get bungalow?
Trips: IAS officers enjoy subsidised accommodation in government guest houses or bungalows when on official or non-official trips. When visiting Delhi, they can avail of accommodation in their State Bhavans.
