St. Lawrence Seaway definition, a series of channels, locks, and canals between Montreal and the mouth of Lake Ontario, a distance of 182 miles (293 km), enabling most deep-draft vessels to travel from the Atlantic Ocean, up the St. Lawrence River, to all the Great Lakes ports: developed jointly by the U.S. and Canada. See more.
A uniform transfer to minors account, or UTMA, is a way that grandparents can put money away for their grandchildren. Sometimes called custodial accounts, UTMA accounts generally stay under the control of an adult custodian until the child reaches the age of majority.
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.