Opening of and operation in deposit accounts of minors
Reserve Bank of India has issued guidelines in the past to banks on opening of and operations in the deposit accounts of minors. A review of the existing guidelines has been made with a view to rationalise and harmonise the extant guidelines.
RBI Issues New Guidelines: Minors Above 10 years Can Now Operate Bank Accounts Independently
Last updated: 22 April 2025
Comments
Recent News :
- CBDT Amends Form 27EQ: TCS Now Applicable on Luxury Goods and Collectibles
- CBIC Amends Customs Circular to Replace 'Certificate of Origin' with 'Proof of Origin' under CAROTAR, 2020
- Over 25,000 Fake Firms Detected for Rs 61,545 Crore ITC Fraud in FY 2024-25
- ICAI Strengthens Fight Against Financial Fraud Through Strategic National Collaborations
- RBI Issues New Guidelines: Minors Above 10 years Can Now Operate Bank Accounts Independently
- ICAI Signs MoU with CAG to Boost Capacity of PSU Audit Officers
- UAE-Based NRI Gets Rs 2.84 Crore GST Notice for Fake Firm, Alleges PAN Misuse
- GST Fraud of Over Rs 100 Crore Busted: Commerce Graduate Arrested
- Form 10AB Filing Activated: Charitable Trusts Can Now Seek Section 12A Relief
- MCA Notifies Election Tribunal for ICAI Council Poll Disputes Held in Dec 2024
Popular News
- Indian CAs in High Demand Across the Globe: ICAI President
- ICAI Suspends Two CAs for Professional Misconduct in Separate Disciplinary Cases
- Farmer Shocked by Rs 143 Crore IT Notice Linked to PAN Card Fraud
- CBIC Issues Instructions to Streamline GST Registration Process and Curb Harassment
- CBDT Notifies HUDCO Bonds as Long-Term Specified Asset u/s 54EC for FY 2025-26
Trending Online Classes
-
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)
Industry Expert17 May 2025
CAclubindia
