Tuesday 3 March 2015

Sukanya Samriddhi Account Scheme

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It has been proposed in Finance Bill, 2015 that the investments made in the "Sukanya Samriddhi Account Scheme" will be eligible for deduction under section 80C of the Income Tax Act, 1961.
The interest accruing on deposits and withdrawals from any account under the scheme would be exempt under section 10(11A) of the Income Tax Act, 1961
[Applicable w.e.f. A.Y. 2015-16]

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