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Sunday, 28 June 2020

Big news for those who put money in Sukanya Samriddhi Yojana scheme, now the government has given this rebate

new Delhi. The Sukanya Samriddhi Scheme 2020 of the Central Government is very popular among the common man. That is why, the common man keeps his eyes on every decision that comes to this. Let us tell you that the Central Board of Direct Taxes (CBDT) has increased the time limit for investment in schemes like Sukanya Samriddhi to get tax exemption during the financial year 2019-20 by one month to 31 July 2020. This means that one month's time has been got to get tax rebate. Also, those who have not yet deposited money in Sukanya account can deposit 250 rupees within a month. Currently, it is getting interest at the rate of 7.6 percent.

 Must complete this work by 31 July - The last date for minimum deposit in PPF and small savings schemes for the financial year 2019-20 has increased from 30 June to 31 July. Earlier, its deadline was 31 March 2020. If you can deposit up to a maximum of Rs 1.5 lakh during one financial year in Sukanya Samriddhi account. At the same time, the minimum deposit amount in a financial year is Rs 250.

 This means that you can deposit up to one and a half lakh rupees in a year, while to keep the account running, you have to deposit at least 250 rupees. This amount will be returned to the account of the account holder. Rupees can be deposited in Sukanya Samriddhi account for 15 years.

 If you do not deposit the minimum amount in Sukanya Samriddhi account during a financial year, it will never be regularized during the period of 15 years. For this, a penalty of 50 rupees will have to be paid every year.

 4 rules related to Sukanya account changed

 (1) Now more interest will be paid on the default account - According to the rule of this scheme, if only Rs 250 was deposited in Sukanya Samriddhi account during a financial year, it was considered as a default account. Under the rule notified by the government on 12 December 2019, now the amount deposited in such default account will get the same interest as was fixed for this scheme. Earlier, the post office on such account was equal to the interest rate on savings account. Sukanya Samriddhi account currently gets 8.7 percent interest. At the same time, the post office savings account gets 4 percent interest. In such a situation, now there will be 4.7 percent more interest on the default account of this scheme.

 (2) The rules of operating the account also changed - Under the new rule, after the age of 18 years, the girl can operate her account on her own. Earlier this age was 10 years old. When the child turns 18, the guardian will have to submit documents related to the child to the post office.

 (3) These documents will be necessary to open the account of two girls

 Now, to open Sukanya Samriddhi account of more than two girls, additional documents will need to be submitted. According to the new rule, if more than two girl's account is to be opened, then it will be necessary to give an affidavit along with the birth certificate. Earlier, the Guardian was required to give only the child's medical certificate.

 (4) Rule of premature closure changed - Under the new rule, if the death of the girl or on the basis of sympathy the account can be closed before the maturity period. Empathy here means the treatment of a life-threatening illness or the death of a parent. In such a situation, the account can be closed even before maturity to meet the need of money. Earlier, the Sukanya Samriddhi account could be closed before maturity only when the account holder has died or the residence of the girl has changed.

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