Deposit
during F.Y. 2014-15 in Sukanya Samriddhi Account by parent or legal guardian of
a girl child aged below 10 years of age eligible
for deduction u/s. 80C.
Salient Features:
1. Sukanya
Samriddhi Account can be opening in nationalized banks and post office for maximum 2 girl child.
2. Minimum deposit of Rs. 1000/- every year
otherwise penalty of Rs. 50 will be leviable.
3. Maximum
deduction available u/s. 80C upto Rs. 150000/-.
4. Contribution to this account is to be
made upto 14 years. However it will mature at the end of 21 years from the
date of opening of account or if the
girl gets married before completion of such 21 years.
5. Premature withdrawal upto 50% allowed when
child attains age of 18 years for higher education and marriage only.
6. Current rate of interest is 9.10%. Interest will be tax free w.e.f. 01st
April, 2015. Every year Government will notify new rate of interest.
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