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Income tax saving: Sukanya Samriddhi Yojana can give Rs 70 lakh from Rs 12,500 monthly investment, save tax

By Economic Times - 5 months ago
Income tax saving: Sukanya Samriddhi Yojana (SSY) can help you with a tax deduction of up to Rs 1.5 lakh under Section 80C of the Income-tax Act, 1961. It offers an attractive interest rate of 8.2% for the January to March quarter of 2024. What are the benefits and limitations of SSY? ​​​How much money can you make from this popular post office scheme?

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