Finance Minister announced to start a new scheme, know who will get interest and how much

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Section 80C deduction limit increase: Big update for taxpayers, Modi govt planning to increase 80C deduction limit.
Section 80C deduction limit increase: Big update for taxpayers, Modi govt planning to increase 80C deduction limit.

Budget 2023: Big announcements have been made for women in the budget. The Finance Minister has announced a new saving scheme for women. Let us know how much interest will be received under this scheme.

Budget 2023: Finance Minister Nirmala Sitharaman has presented the budget 2023-24. Meanwhile, special announcements have been made regarding women. Nirmala Sitharaman has made a special offer especially for rural women. The Finance Minister said that rural women have been linked to 81 lakh self-help groups and there is a plan to connect more women in the coming times.

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The Finance Minister has announced Mahila Samman Savings Letter Scheme for women. This is the biggest announcement for women in the budget. This is a new saving scheme started for women. Under this, you will be able to invest in it for 2 years. Under this scheme, you will be able to deposit Rs 2 lakh. Under this scheme, the government will provide interest to women.

Interest under Mahila Samman Savings Letter Scheme

This savings scheme for women will give huge profits in just 2 years. Two years investment option has been given in this. On the other hand, if we talk about interest, under this scheme women will be given 7.5 percent interest. Money can be withdrawn after maturity. After the death of the woman, the amount will be given to the nominee.

Who can take advantage of this scheme

Under this scheme for women, any woman or girl of the country will be able to open an account under it. Under this, terms and conditions will be issued. Along with this, detailed conditions will be presented for withdrawing money under this scheme.

What other announcements were made for women

Finance Minister Nirmala Sitharaman has talked about promoting self-reliant India and connecting women with the Pradhan Mantri Vishwakarma Kaushal Samman Yojana. Please tell that this is the last full budget of the second term of the Modi government.

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