The Economic Times News

Rs 71 lakh tax-free by 21: Finfluencer reveals strategy to secure her daughter's future but not everyone's convinced

A social media user highlighted the Sukanya Samriddhi Yojana (SSY) for her daughter's future, detailing how investing the maximum annual limit of 1.5 lakh can grow to 71 lakh tax-free by age 21. While some debated its returns against mutual funds and inflation, others praised SSY for its safety and guaranteed tax-free wealth creation.