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Sukanya Samriddhi Account

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National Savings Scheme Guide: 10 Schemes Reviewed | Expert Recommendations

Finance : Explore the 10 investment schemes under India's National Savings Scheme with detailed analysis and expert recommendations. Make in...

March 30, 2024 4857 Views 2 comments Print

Tax Benefits of Sukanya Samriddhi Yojana for Girl Child

Income Tax : Explore the tax benefits of Sukanya Samriddhi Yojana, a scheme aimed at securing the future of girl children in India. Learn about...

January 15, 2024 978 Views 0 comment Print

Sukanya Samriddhi Yojana: Tax Planning Made Easy

Income Tax : Unlock tax planning simplicity with Sukanya Samriddhi Yojana (SSY). Launched as part of 'Beti Bachao, Beti Padhao,' this governmen...

July 17, 2023 2085 Views 1 comment Print

Tax Benefits for Children !!

Income Tax : 1. Payment of tuition fees paid by parents for their children is allowed as deduction under section 80C. The Deduction is availabl...

November 15, 2022 8289 Views 1 comment Print

Women related Income tax and financial benefits

Income Tax : Sukanya Samriddhi Scheme which is a Government of India backed saving scheme, to encourage parents to build a fund for the future ...

March 7, 2022 5562 Views 0 comment Print

Latest News

142.74 Lakh new accounts opened under Sukanya Samriddhi Account

Finance : 1,42,73,910 new accounts opened under Sukanya Samriddhi Account (SSA) between 2018 and 2021 The number of new accounts opened unde...

December 6, 2021 618 Views 0 comment Print

Rate of interest w.e.f. 01.01.2018 to 31.03.2018 on small savings schemes

Finance : The revised Rates of Interest on various Small Savings Schemes Including Saving Deposits, Public Provident Fund, Kisan Vikas Patra...

March 22, 2018 2886 Views 0 comment Print

Reduction of 0.1% in interest rates on Small Saving schemes

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...

March 31, 2017 771 Views 0 comment Print

Statewise & Bankwise details of Sukanya Samriddhi Account Scheme

Finance : Government is continuously monitoring the progress of Sukanya Samriddhi Account Scheme. It was launched on 2nd December, 2014 and ...

December 5, 2016 3997 Views 0 comment Print

Interest rate cut by 0.10% on KVP, PPF, SCSS 2004 & Sukanya Samriddhi

Finance : The interest rates of Public Provident Fund (PPF), Kisan Vikas Patra (KVP), Senior Citizens Savings Scheme, 2004 (SCSS 2004), and ...

November 30, 2016 3865 Views 0 comment Print

Latest Notifications

Revised Small Savings Schemes Interest Rates for April-June, 2024

Finance : Read about the official memorandum from the Ministry of Finance on small savings schemes interest rates for the first quarter of F...

March 8, 2024 10044 Views 0 comment Print

Sukanya Samriddhi Account Interest Rate from 1st January 2024

Finance : The Ministry of Finance revises interest rates for Sukanya Samriddhi Account Scheme to 8.2% PA, effective from January 2024. Learn...

February 12, 2024 822 Views 0 comment Print

Revision of interest rates for Small Savings Schemes w.e.f. 01.01.2024

Finance : Explore SB Order No. 23/2023 issued by the Government of India, Ministry of Communications, on the revision of interest rates for ...

December 29, 2023 1776 Views 0 comment Print

Revised Small Savings Schemes Interest Rates for January-March, 2024

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...

December 29, 2023 10443 Views 0 comment Print

Revised Small Savings Schemes Interest Rates for October-December 2023

Finance : Check out revised interest rates for Small Savings Schemes in India for the period from October to December 2023, as per Ministry ...

September 29, 2023 21126 Views 1 comment Print

Sukanya Samriddhi Account Scheme, 2019- Detailed Analysis

December 17, 2019 14118 Views 1 comment Print

Government has notified new Samriddhi Account Scheme, 2019 w.e.f. 12th December, 2019 vide notification No. G.S.R. 914(E). Article explains Opening of account under Sukanya Samriddhi Account Scheme, 2019, Deposits under Sukanya Samriddhi Account, Interest on deposit under Sukanya Samriddhi Account, Operation of account under Sukanya Samriddhi Account, Premature closure of account under Sukanya Samriddhi Account, […]

Sukanya Samriddhi Account Scheme, 2019

December 12, 2019 10089 Views 1 comment Print

MINISTRY OF FINANCE Department of Economic Affairs) NOTIFICATION New Delhi, the 12th December, 2019 G.S.R. 914(E).—In exercise of the powers conferred by section 3A of the Government Savings Promotion Act, 1873 (5 of 1873), the Central Government hereby makes the following Scheme, namely:- 1. Short title and commencement.- (1) This Scheme may be called the […]

Govt withdraws rules related to PPF, NSC, NSS, Sukanya Samriddhi etc.- Issued New Rules

December 12, 2019 31968 Views 7 comments Print

Central Government rescinds rules, namely The Post Office Savings Account Rules, 1981, The National Savings Time Deposit Rules, 1981, National Savings Recurring Deposit Rules, 1981, National Savings (Monthly Income Account) Rules, 1987, National Savings Certificate (VIII Issue) Rules, 1989, Senior Citizens Savings Scheme Rules, 2004, Kisan Vikas Patra Rules, 2014 and Sukanya Samriddhi Account Rules, […]

Interest Rate on Sukanya Samriddhi Account w.e.f. 1st July 2019

July 16, 2019 1149 Views 0 comment Print

Central Government hereby notifies that subscriptions made to Sukanya Samriddhi Account fund on or after 1st day of July, 2019 and the balances at the credit of the subscriber shall bear interest at the rate of 8.4 per cent. per annum.

Should NRIs Invest In PPF, SSY, Mutual Funds SIP & Insurance?

May 31, 2019 5025 Views 1 comment Print

Are you concerned about investment? It’s always good, as you may get your fingers burnt. Simply say, you may suffer financially due to any reason. You, being an NRI, may have more than enough earning. But, the uncertainty can anytime take a toll. To meet those unexpected financial losses, you should always premeditate. This is […]

Interest rates of NSC, PPF, KVP, SSAS, SCSS for Q1 of FY 2019-20

March 29, 2019 18465 Views 3 comments Print

rates of interest on various small savings schemes for the first quarter of financial year 2019-20 staring Ist April, 2019 and ending on 30th June, 2019 shall remain unchanged from those notified for the fourth quarter of financial year 2018-19.

Small Savings Schemes Interest Rate for 01.01.2019 to 31.03.2019

December 31, 2018 9753 Views 0 comment Print

Rates of interest on various small savings schemes for the fourth quarter of financial year 2018-19 starting 1stJanuary, 2019, and ending on 31st March, 2019, on the basis of the interest compounding / payment built-in in the schemes,

Interest Rates of Small Savings Schemes hiked by 0.30 to 0.40 percent

September 19, 2018 1017 Views 0 comment Print

Government announces the Revision of interest rates for Small Savings Schemes for the Third Quarter of the current Financial Year 2018-19 On the basis of the decision of the Government of India, the interest rates for Small Savings Schemes are to be notified on Quarterly Basis with the approval of the Union Finance Minister. Accordingly, […]

Amendments in Skuanya Samriddhi Account Deposit Scheme

August 10, 2018 42391 Views 2 comments Print

Central Government has notified Sukanya Samriddhi Account scheme vide Notification G.S.R.863(E) Dated 02.12.2014 to secure the future of Girl Child and Scheme has got good response too from the Citizens of India, considering the Tax benefit and Higher Rate of Interest which Scheme was providing. Interest Rate on the Scheme been revised downwards from 01.04.2016 to 8.60 from earlier 9.20% per annum vide notification No. G. S. R. 352(E) Dated 29/03/2016.

Sukanya Samriddhi Account: Tax & Other benefits

August 9, 2018 685264 Views 259 comments Print

Prime Minister Narendra Modi has Launched Sukanya Samridhi Yojna’ (girl child prosperity scheme) with the vision to provide for Girl Child Education and Her Marriage Expense. Sukanya Samriddhi Account Scheme is a small deposit scheme for girl child, as part of ‘Beti Bachao Beti Padhao’ campaign, which would fetch yearly interest rate of 8.10% (WEF 01.01.2018) and provide income tax deduction Under section 80C of the Income Tax Act,1961.

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