Sukanya Samriddhi Yojana

Budget 2025: Experts predict impact on small savings schemes PPF, NSC

Rising inflation and shifting economic priorities are prompting investors to seek alternative avenues offering better returns

Govt's small savings collection may not exceed July BE of Rs 4.2 trillion

Shift to new tax regime, steady rates affect collections

SSY: Attractive scheme for girl child, provided you don't mind lock-in

An account can be opened for a girl child below 10 years of age. It matures 21 years from the end of the financial year in which it was opened

Know how to transfer Sukanya Samriddhi accounts opened by grandparents

Accounts opened by grandparents (not legal guardians) must transfer guardianship to a legal guardian or 'natural parents'

Sukanya Samriddhi scheme: Key features of saving plan for girl child

It offers attractive tax benefits and incentives to help secure your daughter's finances

Is Sukanya Samrddhi Yojana the best investment option for a girl child?

Deposit is to be made for 15 years from the date of account opening. The account will mature 21 years after the date of opening or at the time of marriage of the girl child

Govt raises Sukanya Samriddhi, 3-yr term deposit interest rates by 20 bps

The government on Friday raised the interest rates on Sukanya Samriddhi scheme by 20 basis points and three-year term deposit scheme by 10 basis points for the January-March quarter, while retaining the rates for all other small savings schemes. According to a finance ministry circular, the deposit under Sukanya Samriddhi scheme would attract an interest rate of 8.2 per cent from the existing 8 per cent, while the 3-year term deposit would become 7.1 per cent from the current 7 per cent. However, the interest rates for popular PPF and savings deposits have been retained at 7.1 per cent and 4 per cent, respectively. The rates were the same during the December quarter. The interest rate on the Kisan Vikas Patra is 7.5 per cent and the investments will mature in 115 months. The interest rate on the National Savings Certificate (NSC) remained unchanged at 7.7 per cent for January 1 to March 31, 2024, period. There is no increase in interest rate for the Monthly Income Scheme, and thi

Small savings schemes: Pay heed to return, taxation, and lock-in

Returns of some schemes remain unchanged throughout the tenure, but can fluctuate in the case of others

PPF vs SSY: Where should you invest for your daughter's education?

While Sukanya Samriddhi Yojana offers a higher interest rate, PPF can be continued for a longer tenure and offers greater flexibility after 15 years

PPF and Sukanya Samriddhi are most attractive in small-savings basket

Senior Citizens' Savings Scheme remains a must-have for those who need regular cash flows after retirement

Some small savings schemes see up to 30-basis point hike for Q3 of FY23

National Savings Certificate, Public Provident Fund rate kept unchanged

Invest by the 5th of a month to optimise return on PPF, say experts

One significant point investors must remember while investing in PPF is that they must put in the money at the right time to maximise the return they earn from it.

Huge rush for Small Savings Schemes in FY22 amid falling bank FD rates

Take into account tax benefit and payout frequency as well when selecting a scheme

Move quickly and lock into current small-saving rates wherever you can

However, do so only if your asset allocation requires you to invest more on the debt side, and you are comfortable with the long lock-in

Sheen diminished for VPF, but not lost: Here's how should you invest?

Only PPF and Sukanya Samriddhi offer higher returns among govt-backed schemes

PPF, EPF, Sukanya Samriddhi: All you need to know about tax savings schemes

Individuals and HUFs can opt for a new tax regime from FY 2020-21 by giving up about 70 deductions/exemptions

You get 3 more months to deposit money in PPF, Sukanya Samriddhi Yojana

The deadline to make deposits in PPF and Sukanya Samriddhi Yojana for the financial year 2019-20 (FY20) has been extended till June 30 this year

Small saving schemes that remain attractive despite the interest rate cut

Senior Citizens Savings Scheme, Sukanya Samriddhi Yojana and PPF continue to be attractive

Sukanya scheme attractive even without tax benefit

Govt has removed many possible hurdles that investors could have faced after enrolling for the scheme