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    Pension Scheme: Good news! Central government is giving so much pension in old age, know scheme details



    New Delhi. While fulfilling the responsibilities of the

    family in youth, along with fulfilling all the wishes, the

    tension of old age keeps on haunting. If there is no

    government job in that too, then the tension increases

    further.

    To address these concerns, the Central Government has

    launched Atal Pension Yojana (APY). Every day many

    people are joining this pension scheme. There are many

    special things about this pension scheme. Firstly, in a

    pinch of investment, after 60 years, you will continue to

    get the benefit of lifelong pension. Apart from this, there

    are many benefits which we are going to mention..

    The minimum investment in this scheme is Rs 210 per

    month. This Rs 210 will give a monthly pension of Rs

    5000 after 60 years. The investment installment in the

    pension scheme is decided according to the age. Thes Special thing is that both husband and wife can take

    advantage of it. In such a situation, after 60 years on a

    monthly investment of Rs 420, you will continue to get a pension of Rs 10,000 per month for life.

    This is the eligibility to join the scheme

    To join this scheme, the age should be minimum 18

    years and maximum 40 years. Investment installments

    have also been divided according to the age of 18-40.

    Apart from this, if the amount of pension received is to be kept low, then the monthly investment also gets

    reduced further. That is, taking advantage of pension

    scheme at the age of 18, after 60 years, monthly pension

    is 1000 rupees, 42 rupees a month, 2000 rupees 84 months, 3000 rupees 126 rupees and 4000 rupees 168

    months. On the other hand, if you want a pension of Rs

    5000 per month, then there will be an installment of Rs

    210 per month, which will have to be deposited for 42

    years. From this chart you can easily get the information

    of installments. Since the minimum amount of pension has been fixed at

    1000 monthly and maximum 5000 monthly. The amount

    Of pension is also taken into account while paying the

    premium. On the death of the person taking pension

    under this scheme, that pension nominee will continue to

    get it for life. That is, some member of the house will

    continue to take advantage of this pension.

    Under this scheme, an income tax deduction of 50,000

    will be provided to the investor under section 80 CCD

    (1B) in the income tax on taking a pension plan,. If the

    beneficiary of the pension dies before the age of 60, the

    pension will also be provided to his nominee. It can be

    availed by opening an account in any bank or post office

    Since the minimum amount of pension has been fixed at

    1000 monthly and maximum 5000 monthly. The amount

    of pension is also taken into account while paying the

    premium. On the death of the person taking pension

    under this scheme, that pension nominee will continue to

    get it for life. That is, some member of the house will

    continue to take advantage of this pension.

    Under this scheme, an income tax deduction of 50,0000

    will be provided to the investor under section 80 cCD


    (1B) in the income tax on taking a pension plan. If the


    beneficiary of the pension dies before the age of 60, the


    pension will also be provided to his nominee. It can be


    availed by opening an account in any bank or post office

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