Launch of scheme for Girl Child named "Sukanya Samridhhi Account" by Hon'ble Prime Minister
To view Department of Economic Affairs OM No.2/3/2014.NS-II dated 20/01/2015 please Click Here.
When Prime Minister Narendra Modi will launch 'Beti Bachao Beti Padhao' campaign at Panipat on January 22, he would also introduce an ambitious scheme 'Sukanya Samruddhi Account' to make girls financially empowered.
Modeled on the pattern of small savings schemes of the government, the Centre would offer high rate of interest for account holders under the new scheme. For the current financial year, this would work out to 9.1%. For the sake of simplicity, the manner of interest calculation would be similar to public provident fund (PPF).
Under the scheme, the account can be opened from the birth of the girl child till she attains the age of 10. A girl child who attained the age of 10 years, one year prior to notification, will also be eligible. The account can be opened by an amount of Rs 1,000 and in a financial year investment ceiling is Rs 1.5 lakh. The child can close the account earliest at the age of 21 years with option of keeping the account till marriage.
The exemption on investments made under the scheme will also be eligible for exemption under 80C of Income Tax Act, 1961.
Introduction of Sukanya Samriddhi Account from 22.01.2015.
SB Order No.2/2015 has been released regarding Introduction of Sukanya Samriddhi Account (SSA) by Ministry Of Finance (DEA). This scheme is being launched by Hon'ble Prime Minister on 22nd January 2015 afternoon.
Patch from Sanchay Post will be available in DMCC website by end of day today which needs to be downloaded and deployed in all Sanchay Post offices. Solution for post offices on CBS platform is being tested and will be deployed by Tomorrow.
If any customer comes to any post office for opening of account under SSA will be attended to by the Post Offices from tomorrow onward, Account will be opened with Rs.1000/- and Passbook will be given to him/her. Birth certificate of the Girl child will be obtained from the Guardian alongwith Account Opening Form and Identity as well as Address Proof of the Guardian.
Source : Directorate Letter to Circles
SB Order No.2/2015 will be posted on availability in India Post website
Courtesy : http://ipasporissa.blogspot.in/
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