Atal Pension Yojana - 2023
The Atal Pension Scheme is a government scheme in which the investment you make depends on your age. Under this scheme you can get minimum monthly pension of Rs.1000, Rs.2000, Rs.3000, Rs.4000 and maximum Rs.5000. This is a secure investment in which you need to have a savings account, Aadhaar number and mobile number if you want to register.
 |
| Atal Pension Yojana - 2023 |
Under this scheme, people between the ages of 18 to 40 can enroll in the Atal Pension Scheme. For this the applicant needs to have a savings account in a bank or post office. Also keep in mind that a person can have only one permanent pension account. Under this scheme, you will get the same benefit as soon as you invest. If a person joins the Atal Pension Scheme at the age of 18, at the age of 60, he will have to deposit only Rs 210 per month for a monthly pension of Rs 5,000 per month. As such, the plan is a good profit plan.
Spouses can avail this scheme separately, from which they will get a combined pension of Rs 10,000 per month after the age of 60. If the spouses are 30 years of age or below, they can contribute Rs 577 per month to their respective APY account. If the husband and wife are 35 years of age, they will have to deposit Rs 902 per month in their APY account. In addition to the guarantee of monthly pension, if any of the spouses dies, the surviving spouse will get Rs 8.5 lakh per month along with full life pension.
Those who invest in the Atal Pension Scheme also get a tax benefit of up to Rs 1.5 lakh under the Income Tax Act 80C. Taxable income is deducted from this. Apart from this, in some cases, an additional tax benefit of up to Rs 50,000 is available. Overall, a discount of up to Rs 2 lakh is available in this scheme.
Important Link:
