The Hon'ble Prime Minister has been declared on 20-01-2015 that a new Investment Scheme i.e. "Sukanya Samriddhi Account" during Asstt. Year 2015-16 and the Interest Rate on Investment is 9.1%. The scheme of "Sukanya Samriddhi Account" is specially for Girl Child which announcement by Finance Minister in his Budget Speech 2014-15.
Apart from this the Government has decided on 21.01.2015 that the "Sukanya Samriddhi Account" deductions relief to taxpayee under section 80C of the Income Tax Act in respect of Insurance Premium etc. shall come into force w.e.f. the date of this publication in official gazette. Details of this notification is as under :
Apart from this the Government has decided on 21.01.2015 that the "Sukanya Samriddhi Account" deductions relief to taxpayee under section 80C of the Income Tax Act in respect of Insurance Premium etc. shall come into force w.e.f. the date of this publication in official gazette. Details of this notification is as under :
SECTION 80C OF THE INCOME-TAX ACT, 1961 - DEDUCTIONS - IN
RESPECT OF INSURANCE PREMIUM, ETC. - NOTIFIED PLAN UNDER SECTION
80C(2)(viii)
NOTIFICATION NO. 9/2015 [F.NO.178/3/2015-ITA-1],
DATED 21-1-2015
In
exercise of the powers conferred by clause (viii) of sub-section (2) of
section 80C of the Income-tax Act, 1961 (43 of 1961), the Central
Government hereby specifies the 'Sukanya Samriddhi Account' for the
purposes of the said clause.
2. This notification shall come into force with effect from the date of its publication in the Official Gazette.
