The RBI has enforced a phased renewal procedure for bank locker agreements to be completed by Dec 31 of this year. Account holders who have submitted a bank locker agreement on or before Dec 31, 2022, are required to endorse a revised agreement and submit it to their respective bank branches.
The RBI has implemented new rules for safe deposit lockers, requiring customers to sign a new agreement and maintain rental payments. Compliance deadline is December 31, 2023.
Taxpayers should be aware of upcoming income tax deadlines in December 2023. This comprehensive tax calendar outlines important dates for individuals and businesses to be mindful of.