Tuesday, June 25, 2024
HomePersonal FinanceBig Update in atal pension yojana! central government will close these APY...

Big Update in atal pension yojana! central government will close these APY accounts, check details

Atal Pension Yojana: The central government has made a big change in Atal Pension Yojana (APY), another name for the guarantee of a secure future. Many people taking advantage of Atal Pension will not get its benefit and their name will also be removed from the scheme.

New Delhi: Atal Pension Yojana: The central government has made a big change in the Atal Pension Yojana (APY), another name for the guarantee of a secure future. Many people taking advantage of Atal Pension will not get its benefit and their name will also be removed from the scheme. Are you also included in this list, know immediately what big update has come about the scheme.

Tax payers will not get the benefit

Actually, from this month, people who deposit tax will not get the benefit of Atal Pension Yojana. They will not be able to invest in this scheme. However, the Finance Ministry had given this information long ago. It was said in the notification that a subscriber who is depositing tax will not be able to take advantage of Atal Pension Yojana from 1 October 2022 onwards.

Will be reviewed by the government

Such a customer who is already paying tax will be disqualified for this scheme. Also, his Atal Pension Yojana account will be closed. There should be no confusion in this, so it will also be reviewed from time to time by the government.

What is Atal Pension Yojana

Atal Pension Yojana is a means of safe investment for people working in the unorganized sector. After 60 years of age, fixed pension is available in it. Under this scheme, pension ranging from one thousand rupees to five thousand rupees per month is available.

People up to 40 years can invest

For this, investment in this scheme can be started between the age of 18 to 40 years. The younger the investment is started, the less money will have to be paid. Lifelong pension is available under Atal Pension Yojana. After the death of the pensioner, the pension is given to the spouse.

Shyamu Maurya
Shyamu Maurya
Shyamu has done Degree in Fine Arts and has knowledge about bollywood industry. He started writing in 2018. Since then he has been associated with Informalnewz. In case of any complain or feedback, please contact me @informalnewz@gmail.com
RELATED ARTICLES
- Advertisment -

Most Popular

Recent Comments