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Atal Pension Yojana Overview and Benefits by Rishikesh Ravi is a document available to read on EtoBox.
What is Atal Pension Yojana Overview and Benefits about?
The Atal Pension Yojana (APY) aims to provide old age income security to workers in the unorganised sector by encouraging voluntary savings for retirement, offering a guaranteed pension of Rs 1,000 to Rs 5,000 per month from age 60. Launched on June 1, 2015, the scheme includes government co-contributions and tax benefits for eligible subscribers. APY is open to all bank account holders aged 18-40 who are not part of any statutory social security scheme.
- Author
- Rishikesh Ravi
- Language
- EN