Sukanya Samriddhi Yojana: Bad news has come out about the scheme with the help of which the future of daughters is kept safe. The government has announced to reduce the interest rate for Sukanya Samriddhi Yojana. The interest rate for Sukanya Samriddhi Scheme has been reduced from 7.6 percent to 6.9 percent. The calculation of interest will be compounded annually.
Many people are taking advantage of the Sukanya Samriddhi Yojana (Sukanya Samriddhi Yojana), a small savings scheme launched by the government to help daughters get married and study. Sukanya Samriddhi Accounts is the highest return scheme of the post office. Under Sukanya Samriddhi Yojana, you can open a deposit account of Betia below 10 years of age. Even if there are two daughters in the family, there is no need to worry about education, education, and marriage, because the facility to open Sukanya Samriddhi account of two daughters together is available. A minimum of Rs 250 and a maximum of Rs 1,50,000 can be deposited in this account. This will be matured when the daughter is 21 years old from the date of starting the account. The biggest thing in this is that the amount received in Sukanya Samriddhi is exempt from income tax.
No Tax on Maturity Time
Sukanya Samriddhi Yojana was started by Prime Minister Narendra Modi and the aim is to provide benefits for daughters from small savings schemes. The Government of India has started the ‘Beti Bachao Beti Padhao’ campaign and under this, the foundation of Sukanya Samriddhi Yojana was laid. The government started this scheme in view of the family that has daughters, that family should not worry about studies and marriage. There is no tax liability on the entire amount received after 21 years.
Benefits of Sukanya Samriddhi accounts
> A minimum of 250 rupees can be deposited annually in Sukanya Samriddhi Yojana.
>> Under the scheme, a minimum of Rs 250 and a maximum of Rs 1.50 lakh can be deposited annually.
>> Its maturity is 21 years, but the parent has to invest only 14 years in it.
>> The amount invested by you in this scheme, you will get three times the profit on maturity.
>> This account can be operated till the girl turns 21 or she is married after the age of 18 years.
>> Sukanya Samriddhi Yojana account can be transferred anywhere in the country.
>> Account transfer is free of cost. However, proof of the shift will have to be shown for this.