New Education Policy 2020 Draft Education Policy 2019, Jagananna Amma Vodi Scheme – Financial assistance to mother of BPL families, Delhi Electric Vehicle Policy: No tax on EV, Incentive of RS 30000, YSR Cheyutha Scheme 2020: Application Status, Beneficiary Payment List, Financial Assistant to Girl child in Future. Mode for the deposit of money in the scheme- Cash, Demand draft, Online Net banking. All Rights Reserved. The applicant can apply for the SSY Account through both offline and online medium. Ans: Yes, SBI facilitates opening up of Sukanya Samriddhi Yojana account even if a person does not have savings account with SBI Bank. Taxes can help you reduce the cost of your Home! Here is a step-by-step guide for transferring money in your post office RD, PPF and Sukanya Samriddhi accounts through IPPB. Fill the form and submit it to the authority. Required fields are marked *. Once you have prepared all your documents, submit them at an SBI branch nearest to you. Required fields are marked *. Additionally, the accrued interest and the maturity amount are also exempt from tax. Notice for Defective Return u/s 139(9): How to Respond? How to add I-SIP URN number in ICICI Netbanking? The income tax deduction is available u/s 80C for an amount of up to Rs 1.5 lakhs. Introduction In an attempt to promote the education and welfare of the girl child, the Government of India had introduced the Sukanya Samriddhi in 2016. A few banks also let their account holders check the SSY account balance online. RBI Tax Savings Bonds - How to Invest in 7.75% Savings Bonds? Your email address will not be published. Share. The parents who have enrolled under the scheme will be provided by the Sukanya Samriddhi Account. The bank accepting the opening of the SSY Accounts are listed below. The applicant can visit the official website or can download the bank app in the play store and can apply for the scheme. You can check the balance of your Sukanya Samriddhi account online. Conveniently invest in this scheme online … The interest rates of 7.6% will be provided for opening a saving account for girl child. Keep in mind that this process lets you only view the balance in your account, and not make transactions through this portal. Procedure to open Sukanya Samriddhi account in SBI, Income Tax Slab & Tax Rates for FY 2020-21(AY 2021-22) & FY 2019-20 (AY 2020-21), Section 234F: Penalty for Late Filing of Income Tax Return, Deductions under Chapter VI A of Income Tax Act for FY 2019-20(AY 2020-21), Income Tax Return (ITR) Filing 2019: How to File ITR Online India, Form 16: What is Form 16? The authority will provide the form for opening the सुकन्या समृद्धि योजना Account. He is the co-founder & CEO of Tax2Win.in. 1) Add money from your bank account to IPPB account. The sukanya samriddhi scheme is all about saving the funds for the education and the marriage of their girl child. To open your account you will need to deposit a minimum of INR250. The last date to apply for the scheme is 31 July 2020. As per the latest update, the authority has reduced the minimum amount to Rs 250/year. Introduction In an attempt to promote the education and welfare of the girl child, the Government of India had introduced the Sukanya Samriddhi in 2016. Post Office Fixed Deposit: Interest Rates & Benefits, NSC - National Savings Certificate - Interest & Benefits, Post Office Tax Saving Investment Schemes - Plans & Benefits, Post Office Savings Account - Process & Tax Benefits, NPS - National Pension Scheme - Login & Benefits, Universal Account Number (UAN): Activation & Login. 5 years, 10 years, 15 years, 18 years and 21 years. From April 2020, this scheme offers an interest rate of 7.6% compounded annually. OfficeNewZ brings the Breaking & Latest News From All Over The World. Income Tax Form 60: For those who don't have Pan Card in India, Tax Saving Benefits for Home Buyers with & without Home Loan, Section 80C: Deductions & Tax Savings Investment Options, Section 80CCC: Deduction for Contribution towards Pension Funds, Section 80CCD: Deduction for APY & NPS Contribution, Section 80CCD(1B) : Deductions & Tax Benefits For NPS Scheme, Section 80CCG: Rajiv Gandhi Equity Saving Scheme (RGESS), Section 80RRB: Deductions on Income from Patent Royalty, Section 80QQB: Deductions for Royalty Income of Authors, Section 80D: Deduction for Medical Insurance & Preventive Check-Up, Section 80E: Deduction for Interest on Education Loan, Section 80EE: Deduction for Interest on Home Loan, Section 80DD: Deduction for Expenses on Disabled Dependent, Section 80DDB: Tax Deduction for Specified Diseases, Section 80U: Tax Deduction for Disabled Individuals, Section 80GG: Deduction for Rent Amount Paid, Section 80GGA: Deduction for Donation for Scientific Research/Rural Development, Section 80GGB: Tax Benefits to Indian Companies on Political Donations, Section 80GGC: Tax Benefits to Individuals on Political Donations, Section 80TTA: Deduction on Interest for Savings Accounts, Section 80TTB: Tax Exemption for Senior Citizens on Interest Income, Section-80-IA: Deductions For Gains From Industrial Undertakings, Section 80-IC : Deductions For Certain Undertakings in Special States, Section 80JJAA: Deduction For Employment of New Employees, Section 80LA : Deduction For Certain Income Of Offshore Banking Units, Section 80G: Deduction For Donations To Charitable Institutions, Tax Benefits on Children Education,Tuition & School Fees Under 80C, Section 80ID: Deduction For Profit From Business Of hotels, Income Tax on Loan Taken from Friends or Relatives, PPF - Public Provident Fund - Interest, Benefit & Withdrawals, Tax Benefits On Insurance Policies – Section 80C.

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