Investing in small savings schemes gives you many benefits and these schemes are government-backed, ensuring fixed returns and the safety of your investments.
Working women can avail the benefit of income tax exemption under the Income Tax Act. For this, you have to invest in such instruments which give you the facility of tax exemption. There are some investment instruments which provide tax exemption along with guaranteed returns.
Launched under the Beti Bachao Beti Padhao initiative-this yojana provides better interest under the small investment scheme.
Sukanya Samriddhi Yojana (SSY) is the best tax saving option to secure your daughter's future. Parents can even save money for marriages of their two daughters with the help of this scheme. The scheme was started by PM Narendra Modi in the year 2015
The Finance Ministry on Saturday extended the deadline for mandatory minimum deposit in Public Provident Fund (PPF) and Sukanya Samriddhi Account (SSA) for 2019-20 by three months up to June 30 in view of the lockdown due to coronavirus outbreak.
The Sukanya Samriddhi Yojna that was launched in 2015, had attracted Rs 19,183 crore from more than 1.26 crore accounts as of November 2017.
New Delhi: To help channelise small savings, government has launched a special deposit scheme for girl child -- Sukanya Samriddhi Account-- which can be opened in banks and post offices and half of the funds
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