- Advertisement -
HomePersonal FinanceAtal Pension Yojana: Now income tax payers will not be included in...

Atal Pension Yojana: Now income tax payers will not be included in Atal Pension Yojana, know the reason

- Advertisement -
- Advertisement -

Notification has been issued not to include income tax payers in Atal Pension Yojana. Partial changes have also been made in the main notification issued on October 16, 2015 for Atal Pension Yojana, in this new notification.


Now income tax payers will not be able to join Atal Pension Yojana. After October 1, 2022, such people who pay income tax or have been income tax payers will not be able to join this scheme. If such a person is found in this scheme after October 1, then his Atal Pension Yojana account will be closed. Notification has been issued not to include income tax payers in Atal Pension Yojana. Partial changes have also been made in the main notification issued on October 16, 2015 for Atal Pension Yojana, in this new notification.


Under Atal Pension Yojana, a person from 18 to 40 years can pay monthly premium according to the desired pension amount, based on his age. If a youth of 18 years of age wants a pension of Rs 3,000 after the age of sixty, then he will have to pay a monthly premium of Rs 126 till 42 years. Similarly, different premium amount is payable for the pension amount to the people of different ages as per their wish. After the age of sixty the person gets fixed monthly pension. People can join Atal Pension Yojana through banks or post office. On the other hand, Senior Superintendent of Postal Division Hamirpur Narendra Kumar says that after October 1, income tax payers will not be included in the Atal Pension Yojana. Notification has been received.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
RELATED ARTICLES

Most Popular

Recent Comments