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Home FINANCE Sukanya Samriddhi Yojana (SSY) will give tax free Rs 70 lakh to...

Sukanya Samriddhi Yojana (SSY) will give tax free Rs 70 lakh to your daughter, know how

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In Indian society, it has been customary for centuries to keep worrying about daughters in comparison to sons… In the last few decades, there has been a change in this thinking to some extent, and now daughters are also making the name of parents and family famous in every field.

But still, in most of the families, parents seem to get lost in worrying about the education, upbringing and marriage of their daughters… For such parents, a scheme of the Central Government has been going on for many years. With the help of which, after saving continuously for a few years, you can give tax free white money of about 70 lakh rupees to your daughter as soon as she turns 21, which can be very useful for her…

The name of this central scheme is Sukanya Samriddhi Account (SSA), under which every Indian can open an SSA account in the post office or bank as soon as his daughter is born, in which after investing continuously for 15 years, 21 years On completion, an amount of more than 69 lakh 80 thousand rupees will be seen deposited in the daughter’s account…

Sukanya Samriddhi Account, that is, under Sukanya Samriddhi Yojana, the same person can open an account, who is the father or guardian of a daughter below the age of 10 years. Like Sukanya Samriddhi Yojana, a maximum of Rs 1,50,000 can be deposited, but the minimum amount that can be deposited in this account every year is only Rs 250.

It is one of the government schemes earning high interest, whose every account holder is paid interest at the rate of 8 percent every year, while the interest received in PPF is paid at the rate of 7.1 percent …

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