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Home Personal Finance Sukanya Samriddhi New Rule: SSY holders alert! Now do this work quickly,...

Sukanya Samriddhi New Rule: SSY holders alert! Now do this work quickly, otherwise the account will freeze.

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Sukanya Samriddhi New Rule: SSY holders alert! Now do this work quickly, otherwise the account will freeze.
Sukanya Samriddhi New Rule: SSY holders alert! Now do this work quickly, otherwise the account will freeze.

SSY New Order: In the year 2015, the Narendra Modi government launched the Sukanya Samriddhi Yojana (SSY) for the girl child. Through this scheme, you can arrange a huge amount for your daughter’s marriage or education.

Sukanya Samriddhi Yojana: In the year 2015, the Narendra Modi government launched the Sukanya Samriddhi Yojana (SSY) for the girl child. Through this scheme, you can arrange a huge amount for your daughter’s marriage or education. In the current financial year, the government has changed an important rule related to Sukanya Yojana.

What is the new rule

Now PAN and Aadhaar card have been made mandatory for investing in post office schemes like Sukanya Samriddhi. Now Aadhaar number or Aadhaar enrollment slip is mandatory for investment. If Aadhaar number is not available at the time of account opening, proof of enrollment slip for Aadhaar number has to be given. Apart from this, information about Aadhaar number will have to be given within six months from the date of opening the account. Let us tell you that earlier investment could be done even without Aadhaar.

What will happen if not done

You will not be able to invest in the account if you have not provided the Aadhaar number. According to a notification of the Finance Ministry, while opening accounts of post office schemes like Sukanya Samriddhi, PAN or Form 60 will have to be submitted. If PAN is not submitted at the time of account opening, it has to be submitted within two months in certain circumstances.

About the scheme

Explain that 8 percent interest is being given by the government for Sukanya Samridhi. In Sukanya Samriddhi Yojana, more than Rs 1.5 lakh cannot be deposited in a year. At the same time, an account can also be opened with an investment of at least Rs 500. In this scheme, the account of daughters from 1 to less than 10 years of age can be opened. You will not have to pay any kind of tax even after the maturity of this account. It has been exempted from tax under section 80C of the Income Tax Act.

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