Answered on March 17,2019
There is no penalty for failed deposit. But there is a facility to deposit the outstanding dues along with penalty charges in next month. So that they can maintain the account regular.
There is no tax reduction or exemption for Pradhan Mantri Shram Yogi Maan-Dhan Yojana account.
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Molleti Ramesh Babu
PGN Property Management
Kerala Institute of Local Administration - KILA
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