https://www.taxtmi.com/news?id=30980 The Sukanya Samriddhi Yojana permits a guardian to open a single transferable account for a resident girl child up to age ten, with guardians managing it until the child reaches eighteen. The scheme specifies minimum and periodic deposit structures, an annual deposit ceiling beyond which excess does not earn interest, monthly-based interest computation credited annually with rounding rules, a fixed maturity tenure with narrowly circumscribed early closure for marriage, permitted educational withdrawals after eligibility conditions and documentary proof, and premature closure provisions on death or compassionate grounds subject to documentation and timing restrictions. en-us Tue, 21 Jan 2025 18:22:17 +0530 Tue, 21 Jan 2025 18:22:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=30980 The Sukanya Samriddhi Yojana permits a guardian to open a single transferable account for a resident girl child up to age ten, with guardians managing it until the child reaches eighteen. The scheme specifies minimum and periodic deposit structures, an annual deposit ceiling beyond which excess does not earn interest, monthly-based interest computation credited annually with rounding rules, a fixed maturity tenure with narrowly circumscribed early closure for marriage, permitted educational withdrawals after eligibility conditions and documentary proof, and premature closure provisions on death or compassionate grounds subject to documentation and timing restrictions. News - Tue, 21 Jan 2025 18:22:17 +0530 https://www.taxtmi.com/news?id=30980