http://nsiindia.gov.in/InternalPage.aspx?Id_Pk=89 Web13 Jan 2024 · Sukanya Samriddhi Yojana (SSY) Investments made in the SSY (a saving plan for girl child) are eligible for deduction u/s 80C of the Act. This account can be opened by a girl’s parent or legal...
Compare Post Office Tax Savings Schemes for 80C Tax …
WebUnder Section 80C of the Income Tax Act, the premium you pay for your ULIP is eligible for a tax deduction. ... In other words, the Sukanya Samriddhi Yojana scheme also comes under the EEE status. National Savings Certificate (NSC) The National Saving Certificate (or NSC) is yet another small saving instrument backed by the Indian Government ... Web4 Apr 2024 · Sukanya Samriddhi Yojana is a government-backed small savings scheme that can be opened in post offices or at designated public and private sector banks. It is among the most rewarding investment options in the fixed income category. If you are a parent to a girl under the age of 10, you can open an SSY account in her name. buy your motorcycle texas
Sukanya Samriddhi Account: Details & Guide (Updated 2024 with …
Web19 Apr 2016 · Tax exemption- Investment in Sukanya Samriddhi Yojana scheme is exempted from Income Tax under section 80C. Means the candidate opens an account under Sukanya Samriddhi Yojana scheme and deposits money the candidate need no to pay tax on that amount; Withdrawal facility- The girl can operate her account after she reaches … Web20 Aug 2024 · Daughter. Both Sukanya Samriddhi and PPF are long term investments. Sukanya Samriddhi Yojana is specially meant to protect the future of daughters, while PPF also secures the future by collecting a hefty corpus in the long term, but when it comes to choosing one of the two investments, it is a bit difficult decision. Web4 Jan 2024 · Investing in Sukanya Samriddhi Yojana also qualifies as an eligible deduction under section 80C of the income tax act. ... The government determines the interest rate on this scheme which is payable on maturity. The scheme comes with a lock-in period of 21 years, and you need to pay a minimum amount in a year for 15 years before the account ... buy your motorcycle tx