Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme designed to provide a financially secure future for girls. It offers a high interest rate of 8.2% (as of 2024) and benefits from ...
One of the guardians can open the SSY account in the name of a girl child who is under the age of 10 years on the date of opening ... in a financial year. The maturity period for investment ...
The schemes, including PPF, NSC, SSY, SCSS, and 5-year POTD ... Both the accrued interest and maturity proceeds remain tax-free. PPF maintains EEE (exempt, exempt, exempt) status, ensuring ...