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Home Personal Finance Government changed the rules of PPF-Sukanya Samriddhi Account, do these things immediately...

Government changed the rules of PPF-Sukanya Samriddhi Account, do these things immediately till this date

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Sukanya Samriddhi Yojana: Sukanya Samriddhi Yojana was started by Modi government in 2015. By opening an account under this scheme, you can collect a huge fund for your daughter. To invest in the above scheme, you must have PAN and Aadhar card.

Public Provident Fund: If you too are investing in small savings schemes being operated by the government, then this news is useful for you. Through a notification issued by the Finance Ministry on 31 March 2023, it was asked to update Aadhaar in savings schemes. Through this notification, it was said that Aadhaar and PAN were made necessary for those investing in Senior Citizen Saving Scheme (SCSS), National Savings Certificate (NSC), Public Provident Fund (PPF) or Sukanya Samriddhi Scheme. Is.

Sukanya Samridhi started in 2015

Sukanya Samriddhi Yojana was started in 2015 by the Modi government. By opening an account under this scheme, you can collect a huge fund for the daughter. Now to invest in any of the above schemes, you must have PAN and Aadhaar card. On March 31, by issuing a notification on behalf of the Finance Ministry, it was asked to give information about Aadhaar and PAN number within 6 months. Before this notification, investment in this scheme was done without Aadhaar. But now it has been changed.

Time till 30th September

This information was given in the notification issued by the Finance Ministry recently. Finance Minister Nirmala Sitharaman had said that while opening an account in post office schemes like Sukanya Samriddhi, you have to submit PAN card or Form 60. If for some reason you are not able to submit PAN at that time, then in certain circumstances you can submit it within two months. This deadline of two months is being completed on 30 September.

Documents required for opening Small Savings Scheme account

  • You must have Aadhaar number or Aadhaar enrollment slip
  • Apart from this, it is necessary to have a passport size photo to open an account.
  • If investors do not submit PAN card and Aadhaar by 30 September 2023, then the account will be banned from 1 October 2023.
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