Women’s day 2025: International Women’s Day is being celebrated all over the world today. Women have an invaluable contribution in everyone’s life since birth. Whether she is as a mother, as a sister, as a wife or as a daughter. Women’s Day is focused on issues such as gender equality, reproductive rights and violence against women. Over time, this world is becoming comfortable and beautiful for women. Today we will tell you about such a government scheme, so that you can make your daughter’s future better.
Sukanya Samriddhi Yojana
Parents are often worried about their children’s higher education and expenses in marriage. It is not easy to meet these expenses in rising inflation. In such a situation, there is a scheme for the daughters of the government. Its name is Sukanya Samriddhi Yojana. In this scheme, if you invest from the birth of a daughter, you will not worry about any big expenses. This is a government -backed small savings scheme. You can open your daughter’s account in it through post office or banks. The government has fixed the highest 8.2 percent interest rate on SSY. This is an annual compound interest rate. Let’s know some special things related to this scheme.
Important things related to SSY
- In Sukanya Samriddhi Yojana (SSY), parents can open an account till the completion of their daughter’s age of 10 years.
- Only 2 daughters can be opened in SSY from a family. More than 2 accounts can be opened in cases of twin or three children being together.
- In this scheme, you can deposit a minimum of Rs 250 and a maximum of Rs 1,50,000 in a financial year. You can make this investment in installments or lump sum.
- The SSY can contribute until the maximum of 15 years of opening the account.
- The scheme comes with EEE status. That is, the amount of investment amount, interest income and maturity in it is all three tax free.
- If an investor opens an account in this scheme immediately after the birth of his daughter, then he can deposit his contribution for 15 years. This is followed by a 6-year lock-in period. During this time one does not have to invest, but interest is received.
- In this scheme, 50 percent of the amount of maturity can be withdrawn when the daughter is 18 years old. The remaining amount can be withdrawn when the daughter is 21 years of age.
- In this scheme, there is also a benefit of income tax exemption on investment up to Rs 1.50 lakh in a year.
70 lakh rupees will be available on maturity
In SSY, your daughter can get a huge amount of up to Rs 70 lakh at the time of maturity. Suppose you open an account in Sukanya Samriddhi Yojana when your daughter is 1 year old. If you invest Rs 1,50,000 in every financial year, when the daughter will be 21 years old, that is, a total fund of Rs 69,27,578 will be deposited at the time of maturity. The amount you invested in this will be Rs 22,50,000 and interest income will be Rs 46,77,578.
Latest business news