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How can IAS officer earn money legally?

How can IAS officer earn money legally?

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. The remuneration is likewise consistent with the officers’ social position. …

Can an IAS have other source of income?

A closer scrutiny of immovable property returns (IPR) filed by officers reveals that a large number of them, both IAS and IPS, earn a substantial amount from other sources. The same holds true for IAS cadre officers as 150 of them have additional sources of income.

What is the salary of an IAS officer per month?

Thus, it can be seen that the total per month salary of entry-level IAS officers would be ₹ 56100 + DA + house rent allowance + transport allowance. This structure goes up to pay level 18. Though studying for the UPSC and cracking the IAS or IPS exam is one of the toughest exams in the country, many students are not able to clear it each year.

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Is IAS a good career option after retirement?

Post-retirement: Officers can also be appointed to commissions or tribunals. Their services can also be availed off in other departments of the government. Many IAS officers are also sought-after by private companies for their talents. As you can see from the above, the salary and facilities of an IAS officer are indeed attractive.

What is the travel allowance given to an IAS officer?

An IAS officer will also be given travel allowance (TA) to meet various expenses related to travel. Note: There was another part called grade pay in government officers salary before. Now, this part has been removed.

What is an Indian Administrative Service (IAS) officer?

An Indian Administrative Service officer can be a part of the State Cadre or even the Centre Deputation. At the state level, the district administrative machinery is under the control of the IAS officer in the early years of his/her career.