Budget 2025: Will the Modi government give good news to women in the budget? The government had brought the Mahila Samman Certificate Scheme keeping women in mind. So that they can become financially independent and create a big fund for themselves
Budget 2025: Will the Modi government give good news to women in the budget? The government had brought the Mahila Samman Certificate Scheme keeping women in mind. So that they can become financially independent and create a big fund for themselves. However, women can invest in Mahila Samman Saving Certificate till March 2025. The government has not extended the investment time in this. Women are expecting the government to take the scheme forward. If this happens, there will be another good investment option for women, which can make them rich in a short time.
Mahila Samman Saving Certificate
The Mahila Samman Saving Certificate scheme of the post office has been started to promote investment among women and girls. The government is running this scheme for women. Women can invest in Mahila Samman Certificate till March 2025. The government has not yet extended the time period of investment in it.
Will the government increase the investment time in the budget
Now an important question is whether the government will increase the time for investment in Mahila Samman Certificate in the budget. However, there is no official statement from the government on this. But it is expected that in the budget, the government can increase the timeline for investing in Mahila Samman Certificate.
Interest of Mahila Samman Saving Certificate
Any Indian woman of any age can open an account and invest under this scheme. This scheme is also available for minor girls, where their legal or parents can open an account. This scheme gives an interest of 7.5% per annum. This interest comes quarterly in the bank account of women. After 2 years, interest will be available along with the principal on maturity. Interest is exempted under Income Tax Act 80C, but TDS is deducted on the income from interest.
The scheme makes women rich in 2 years
Investing Rs 2 lakh in a period of 2 years gives Rs 2.32 lakh on maturity. Women can invest in it with a minimum of Rs 1000 and in multiples of 100. The account can be closed in case of death of the account holder. The account can be closed without any reason after six months of opening the account, but the interest will be 2% less i.e. 5.5% interest will be given. 40% of the money can be withdrawn after 1 year of opening the account.
