Interest rate of Sukanaya Scheme and 5 Year Senior Citizen Saving Scheme increased by 0.1% w.e.f. April 1, 2015

Government of India increased the interest rate on Sukanaya Scheme & 5 year Senior Citizen Saving Scheme by 0.1% w.e.f. 01 April 2015.   Source: PRESS RELEASE, DATED 31-3-2015 The Press Release can be downloaded by clicking here –> Sukanya Samriddhi Scheme Continue Reading

Sukanya Samriddhi Account Notified for Deduction under section 80C(2)(viii)

CBDT notified opening of “Sukanya Samriddhi Account” as eligible investment for the purpose of Deduction under section 80C(2)(viii) of the Income Tax Act, 1961. The Notification can be downloaded by clicking –> Sukanya Samriddhi Account Notified for Deduction under section 80C(2)(viii)