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No restrictions on India’s Queer community to open joint bank accounts and nominate partners

No restrictions on India’s Queer community to open joint bank accounts and nominate partners

In a significant move towards equality, India’s Finance Ministry has confirmed that there are no restrictions for individuals belonging to the LGBTQ community to open joint bank accounts or nominate a person in a queer relationship as a beneficiary.

The ministry issued an advisory on 28 August, clarifying that queer individuals can now open joint accounts and nominate their partners to receive the account balance in the event of the account holder’s death

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https://www.theaustraliatoday.com.au/no-restrictions-on-indias-queer-community-to-open-joint-bank-accounts-and-nominate-partners/

The post No restrictions on India’s Queer community to open joint bank accounts and nominate partners appeared first on Newswire.

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