Investments
Sukanya Samriddhi
pronounced: [S-u-k-a-n-y-a- -S-a-m-r-i-d-d-h-i]
Sukanya Samriddhi Yojana is a government-backed savings scheme for the girl child offering high interest rates and tax benefits under Section 80C, with deposits made by parents or guardians until the girl turns 10.
Key Facts
| Fact | Value |
|---|---|
| Tax Section | SECTION 80C |
Example
Under Section 80C, you can claim up to ₹1.5 lakh/year for PPF, ELSS, life insurance premiums, EPF, home loan principal, NSC, and tuition fees. Combined with 80D health insurance (up to ₹1 lakh for family), a taxpayer can save up to ₹62,400/year in taxes at 30% bracket.
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Last updated: 21 May 2026