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Interest on sukanya samrudhi Account
Taxability of interest from sukanya samrudhi Account
Replies (1)
Tax free. No tax
From a taxation perspective, SSY investments are designated as an EEE (Exempt, Exempt, Exempt) investment.
This means that the principal invested, the interest earned as well as the maturity amount are tax free.
From a taxation perspective, SSY investments are designated as an EEE (Exempt, Exempt, Exempt) investment.
This means that the principal invested, the interest earned as well as the maturity amount are tax free.
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