Finance Ministry new alert: If you invest in Small Savings Schemes run by the government, then this news is useful for you. Recently, the rules of PPF, Sukanya Samriddhi Scheme, Senior Citizen Saving Scheme (SCSS) and National Saving Certificate (NSC) were changed by the Finance Ministry.
If your Aadhaar has not been created yet, then you can also invest through Aadhaar enrollment number. It is clearly stated in the notification that it is necessary to give PAN card on investments above a certain limit.
Public Provident Fund: If you invest in Small Savings Schemes run by the government, then this news is useful for you. Recently, the rules of PPF, Sukanya Samriddhi Yojana, Senior Citizen Saving Scheme (SCSS) and National Saving Certificate (NSC) were changed by the Finance Ministry. The Finance Ministry has already been alerted regarding the new rule. A notification was issued by the government saying that Aadhaar and PAN are necessary for investment in all these schemes.
Time till 30th September for investors
For this, the Finance Ministry has given time till September 30 to the investors. If you ignore the ultimatum of the Finance Ministry, your account will be free from October 1. In the notification issued by the Finance Ministry, it was said that for all types of small savings schemes like PPF, Sukanya Samriddhi Yojana (SSY), Post Office Scheme, Senior Citizens Saving Scheme, investors will have to provide PAN and Aadhaar for KYC. It is necessary. Earlier, as per the rules of the Central Government, investment could be made even without Aadhaar.
Sukanya Samriddhi Yojana was started in 2015
If you have not yet created your Aadhaar, then you can also invest through your Aadhaar enrollment number. It is clearly stated in the notification that it is necessary to give PAN card on investments above a certain limit. Modi government started Sukanya Samriddhi Yojana in the year 2015. Before the notification of the government, investment in this scheme could be made without Aadhaar. But now this rule has been changed. Finance Minister Nirmala Sitharaman had said that while opening an account in a scheme like Sukanya Samriddhi, PAN card or Form 60 has to be submitted. If you are not able to submit PAN at that time, you can submit it within two months.
On which schemes is the rule applicable?
– Post Office Fixed Deposit (FD)
– Post Office Recurring Deposit (RD)
– Post Office Monthly Income Scheme (POMIS)
– Sukanya Samriddhi Yojana (SSY)
– Post Office Time Deposit (TD)
– Mahila Samman Savings Certificates
– Public Provident Fund (PPF)
– Senior Citizens Saving Scheme (SCSS)
– Kisan Vikas Patra (KVP)
