https://www.taxtmi.com/acts?id=8370 The rule limits each Monthly Income Account to a single deposit in prescribed denomination multiples, with maximum ceilings of rupees four lakh fifty thousand for single accounts and rupees nine lakh for joint accounts, and prohibits withdrawals for five years from account opening except as allowed by rule 10. en-us Mon, 18 Feb 2008 11:52:19 +0530 Mon, 05 Jan 2026 16:00:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=8370 The rule limits each Monthly Income Account to a single deposit in prescribed denomination multiples, with maximum ceilings of rupees four lakh fifty thousand for single accounts and rupees nine lakh for joint accounts, and prohibits withdrawals for five years from account opening except as allowed by rule 10. Act-Rules Direct Taxes Mon, 18 Feb 2008 11:52:19 +0530 https://www.taxtmi.com/acts?id=8370