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Sukanya Samiriddhi Yojana News
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The Sukanya Samriddhi Yojana is a government initiative aimed at securing the future of young girls in India by fostering financial discipline among families and prioritizing education and empowerment.
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From 1 October 2024, several rules related to NSS, PPF and Sukanya Samriddhi Scheme are going to change. Here's all you need to know.
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From 1 October 2024 onwards, you will earn zero percent rate of interest if you don't meet the criteria mentioned in Department of Economic Affairs guidelines/circular.
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While adjustments have been made to several schemes, the interest rate for the Public Provident Fund (PPF) remains steady at 7.1 percent.
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Sukanya Samriddhi Yojana and SBI Magnum Children's Benefit Fund are meant for welfare of kids.
Sukanya Samriddhi Yojana investors can claim a tax rebate under Section 80C
SBI Magnum Children's Benefit Fund offers better return on investments
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If inflation is anticipated to be around 6%, an MBA programme currently costing Rs 10 lakh in India will cost around Rs 35 lakh in 20-22 years.
It will cost more if you plan for your child's education abroad.
After 20 years of investing, a monthly investment of Rs 3,000 in an equity-based or balanced fund would yield not less than Rs 25 lakh.
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