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Sukanya Samrudhi Yojana New Details 2020

Sukanya Samrudhi Yojana  New Details 2020
The Central Government's Sukanya Samrudhi Yojana 2020 is very popular among the common people.  That is why the common man keeps an eye on every decision that comes in this.  The Central Direct Taxes (CBDT) has extended the deadline for investment in schemes like Sukanya Samrudhi by one month to July 31, 2020 to get tax exemption during the financial year 2019-20.  This means that you have one month to get the tax exemption.  Also, those who have not yet deposited money in Sukanya account can deposit Rs 250 within a month.  It is currently earning interest at 7.6 per cent.
 This work needs to be completed by July 31 - the last date for minimum deposit in PPF and small savings schemes for the financial year 2019-20 has been extended from June 30 to July 31.  Previously, its deadline was March 31, 2020.  If you can deposit up to a maximum of Rs 1.5 lakh in a Sukanya Samrudhi account during a financial year.  Whereas, the minimum deposit amount in a financial year is Rs.250.

 This means that you can deposit Rs 1.5 lakh in a year, while you have to deposit at least Rs 250 to continue the account.  This amount will be returned to the account holder's account.  Rupees can be deposited in Sukanya Samrudhi account for 15 years.  If you do not deposit the minimum amount in Sukanya Samrudhi account during the financial year, it will never be regularized during the period of 15 years.  For this you have to pay a fine of Rs 50 per year.

 As per the scheme rules, if only Rs 250 was deposited in Sukanya Samrudhi account during the financial year, it was considered as default account.  Under the rule announced by the government on 12 December 2019, the interest for this scheme will now be equal to the amount deposited in such default account.  Previously, the interest rate on a post office savings account on such an account was the same.  The Sukanya Samrudhi account currently earns 8.7 per cent interest.  The Post Office Savings Account earns 4% interest.  In such a case, the default account of the scheme will now earn 4.7 per cent more interest.

 Under the new rules, a child can manage his own account after the age of 18.  Previously the age was 10 years when the child turns 18 then the parents will have to submit the relevant documents of the children to the post office.
To open a Sukanya Samridhi account for more than two girls, additional documents will now have to be submitted.  According to the new rule, if more than two girls want to open an account, they have to give an affidavit along with the birth certificate.  Previously, the guardian was only required to provide the child's medical certificate.

 Under the new rule, if the young lady dies or, out of sympathy, the account can be closed before the maturity period.  Sympathy here means the treatment of a life-threatening illness or the death of a parent.  In such a case, the account can be closed before maturity to meet the need for money.  Previously, the Sukanya Samrudhi account could only be closed before maturity when the account holder died or the girl's residence changed
Important Link
This is Government Scheme As Long Term Based Investment Scheme.
All Important Information Provided In Application Based SSY Scheme in Hindi and English.
These Main Points Covered In Application -sukanya samriddhi Yojana 2020 Guide App
Pm sukanya samriddhi yojana
Pradhan Mantri Yojana
SSY Guide
SSY Guide 2020
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