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Because of the way the subsidies are calculated, younger people will be less likely to receive an exchange subsidy. Most single people without children aged 18-34 will not receive a subsidy if their income exceeds 300 percent FPL ($34,470). However, most people age 51-64 will receive a subsidy up to 400 percent FPL.. The subsidy structure of the exchanges looks like a prime catalyst for a death spiral. In no exchange will the subsidies for those 18-34 extend all the way to 400 percent FPL indeed, in most exchanges the subsidies will stop before 300 percent FPL for that age group.
Contact us. Sukanya Samriddhi Account â specially for girl child â Eligible for deduction U/s 80C of IT Act. Sukanya Samriddhi Account â specially for girl child â Eligible for deduction U/s 80C of IT Act. This Investment Scheme is for a minor girl child below the age of 10 years.Only the natural or legal guardians are allowed to open this account in the name of girl child, and you can open only one account in her name.he amount deposited in this account is eligible for deduction under section 80C and, hence, the Rs.1.5 lakh that can be deposited in the account in a year will be tax exempt along with other deposit schemes come under the preview of this section.