Income Tax : Sukanya Samriddhi Yojana: Your Ultimate Guide to Securing Your Daughter’s Future! The Sukanya Samriddhi Yojana (SSY) is a sm...
Finance : Explore the 10 investment schemes under India's National Savings Scheme with detailed analysis and expert recommendations. Make in...
Income Tax : Explore the tax benefits of Sukanya Samriddhi Yojana, a scheme aimed at securing the future of girl children in India. Learn about...
Income Tax : Unlock tax planning simplicity with Sukanya Samriddhi Yojana (SSY). Launched as part of 'Beti Bachao, Beti Padhao,' this governmen...
Income Tax : 1. Payment of tuition fees paid by parents for their children is allowed as deduction under section 80C. The Deduction is availabl...
Finance : 1,42,73,910 new accounts opened under Sukanya Samriddhi Account (SSA) between 2018 and 2021 The number of new accounts opened unde...
Finance : The revised Rates of Interest on various Small Savings Schemes Including Saving Deposits, Public Provident Fund, Kisan Vikas Patra...
Income Tax : Government has decided to effect a reduction of 0.1 percentage points in interest rates across the board in all Small Savings Sch...
Finance : Government is continuously monitoring the progress of Sukanya Samriddhi Account Scheme. It was launched on 2nd December, 2014 and ...
Finance : The interest rates of Public Provident Fund (PPF), Kisan Vikas Patra (KVP), Senior Citizens Savings Scheme, 2004 (SCSS 2004), and ...
Corporate Law : Discover the latest interest rates for Small Savings Schemes for April-June and July-September 2024. Get detailed insights and com...
Finance : Read about the official memorandum from the Ministry of Finance on small savings schemes interest rates for the first quarter of F...
Finance : The Ministry of Finance revises interest rates for Sukanya Samriddhi Account Scheme to 8.2% PA, effective from January 2024. Learn...
Finance : Explore SB Order No. 23/2023 issued by the Government of India, Ministry of Communications, on the revision of interest rates for ...
Finance : Get the latest update on small savings scheme interest rates in India. Revised rates for Q4 2023-24 released by the Ministry of Fi...
Comparison of Various Saving Scheme Article explains comparison of Various Saving Scheme for the purpose of Tax Planning & Investment Plan i.e. Very Simple analysis / summarized view of below mentioned schemes is as under:- 1) Sukanya Samriddhi Scheme 2) Pubilc Provident Fund 3) Kisan Vikas Patra 4) Senior Citizen Saving Scheme 5) National Saving Certificate Scheme 6) Post Office Saving […]
Rate of interest on various Small Savings Schemes (National Savings Schemes) for the fourth quarter of financial year 2020-21 (starting from 1st January, 2021 and ending on 31th March, 2021) shall remain unchanged from those notified for the third quarter of Financial Year 2020-21
Rate of interest w.e.f 1st January, 2021 and ending on 31st March, 2021 on Small Savings Scheme i.e. Post Office Savings Account, 1,2,3,5 Year Time Deposit, 5 Year Recurring Deposit Scheme, Senior Citizen Savings Scheme, Monthly Income Account, National Savings Certificate (VIII Issue), Public Provident Fund Scheme, Kisan Vikas Patra and Sukanya Samriddhi Account scheme. […]
Rate of interest on various Small Savings Schemes (National Savings Schemes) for the third quarter of financial year 2020-21 (starting from 1st October ,2020 and ending on 31th December, 2020) shall remain unchanged from those notified for the second quarter of Financial Year 2020-21
The rates of interest on various Small Savings Schemes for the third quarter of financial year 2020-21 starting from 1st October, 2020 and ending on 31st December, 2020 shall remain unchanged from those notified for the second quarter (1st July, 2020 to 3oth September, 2020) of financial year 2020-21.
A Sukanya Samriddhi Account has a tenure of 21 years or until the girl child marries after the age of 18. Parents can now open up to two SSY accounts for girls and a third account can be opened in case of birth of twins/triplets.
Govt relaxes guidelines related to small savings schemes and allowed further relaxation till 31st July 2020 in respect of Post Office 1,2,3,5 Year Time Deposit, 5 Year Recurring Deposit Scheme, Senior Citizen Savings Scheme, Monthly Income Account, Public Provident Fund Scheme, and Sukanya Samriddhi Account scheme. SB Order 25/2020 e.F. No 113-03/2017-SB(Pt.1) Govt. of India […]
Rate of interest w.e.f 01.07.2020 to 30.09.2020 on Small Savings Scheme i.e. Post Office Savings Account, 1,2,3,5 Year Time Deposit, 5 Year Recurring Deposit Scheme, Senior Citizen Savings Scheme, Monthly Income Account, National Savings Certificate (VIII Issue), Public Provident Fund Scheme, Kisan Vikas Patra and Sukanya Samriddhi Account scheme. SB Order 24/2020 e.F.No 113-03/2017-SB(Pt.1) Govt. […]
In order to provide more funds at the disposal of the taxpayers for dealing with the economic situation arising out of COVID-19 pandemic. the rates of Tax Deduction at Source (TDS) for the following non-salaried specified payments made to residents has been reduced by 25% for the period from 14th May, 2020 to 31st March, 2021.
Sukanya Samriddhi Account (Amendment) Scheme, 2020- The deposits made in the account between 12th December, 2019 to 31st March, 2020 (both days inclusive) and the balances at the credit of the account shall earn interest at the rate of 8.4 per cent. per annum. The deposits made in the account on or after the 1st day of April, 2020 and the balances at the credit of the account shall earn interest at the rate of 7.6 per cent. per annum.
