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Sukanya samurudhi scheme

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 March 2015 IF KNOW ANYONE PLEASE TELL ME WHAT IS SUKANYA SAMURUDHI SCHEME ?
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CS Advocate Abhishek Goyal

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CS Advocate Abhishek Goyal (Expert)
02 March 2015 Sukanya samurudhi scheme is a new scheme launched by Central Govt for girl child. Under this scheme minimum investment is Rs. 1000/- for maximum two girl child under the age of 12. After attaining the age of 18, half of the amount in the scheme may be withdrawn and after 21, whole amount with interest. Interest rate is highest in comparison to other investment options like PPF, FDR etc. which I think is around 9.25%.
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CS Advocate Abhishek Goyal

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CS Advocate Abhishek Goyal (Expert)
02 March 2015 Moreover now investment in this scheme is eligible for deduction u/s 80C.
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