Atal Pension Yojana APY: If you are also taking advantage of Atal Pension Yojana or you are also planning to register in this government scheme, then there is big news for you. From next month, the government is going to make major changes to this APY Pension Scheme. For many people, this scheme is being closed from the month of October i.e. now many people in the country will not be able to get the benefit of this scheme.
Atal Pension Yojana APY
Let us tell you that under the new rules of Atal Pension Yojana, people paying income tax will not be able to take advantage of this scheme. The new rule of this APY Pension Scheme will be implemented from October 2022. In such a situation, if you are also a taxpayer and want to take advantage of this government scheme, then you have only the time of September. From next month you will not be able to take advantage of it. Taxpayers can take advantage of this scheme till 30 September.
Already opened accounts will continue
Let us tell you that those who have already opened the account (Atal Pension Scheme), will continue to get the benefit of this Atal Pension Yojana. If the account of the APY Pension Scheme is opened after 1st October and that person is already paying income tax then his account will be closed.
Who can take advantage of this Atal Pension Yojana
Any citizen of India between the age of 18-40 years can take advantage of this Atal Pension Yojana. If you also want to take benefit of a pension, then you can open an account in it. Apart from this, in this APY Pension Scheme, you get the benefit of tax exemption under section 80CCD of Income Tax.
Where can I open an account: Atal Pension Yojana
The Central Government had earlier started this APY Pension Scheme keeping in mind the people working in the unorganized sector, but then in view of its popularity, the government changed it from 18 years to 40 years. was opened to all! To join this Atal Pension Yojana, you can open an account at a bank or post office.
4 crore people are taking advantage of the scheme
This APY Pension Scheme was launched in the financial year 2015-16. This scheme was especially started for those people who are not able to take benefit of any other government pension. In just 6 years, about 4 crore people have benefited from this Atal Pension Yojana (Atal Pension Scheme).
Atal Pension Yojana Rs.1,000 to Rs.5,000 Pension
Under Atal Pension Yojana, pension is given from Rs 1,000 to Rs 5,000. The Pension Fund Regulatory and Development Authority (PFRDA) regulates this scheme. In this, a pension is made according to your investment. For this, you have to open an APY Pension Scheme account in the bank. Your money will be deposited in that bank and later you will get a pension. After registering the Atal Pension Yojana form, the account will be auto-debited.