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New Pension Scheme: Opportunity till the age of 40… Will regret again! Get 5000 months pension

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Now only a few days are left for the New Year. People do many types of planning regarding their future in the new year. You can also plan to secure your future financially.

If you do not want to depend on anyone financially after retirement, then start investing in Atal Pension Yojana from the new year. There are still a few days left in 2022, so start planning from now and start investing in the new year. You can secure your old age financially by investing a small amount every month in the Atal Pension Scheme.

Will get pension of five thousand every month

Atal Pension Scheme is a government scheme. By investing in this government pension scheme, you can get an amount ranging from Rs 1000 to Rs 5000 as pension every month. The government had made some changes in the rules of this scheme in the month of October. According to the new rule of the government, people paying income tax (Taxpayers) cannot take advantage of this scheme. This change has come into effect from 1 October 2022. There is a provision of income tax exemption for those who invest in Atal Pension Yojana.

Who can invest?

The biggest feature of the Atal Pension Scheme is that the younger you start investing in this scheme, the more benefits you will get. According to the rules, any Indian citizen (except income tax payers) between the age of 18 years to 40 years can join this pension scheme of the government. After the age of 60 years, he can get a pension ranging from Rs.1000 to Rs.5000.

Get tax benefit

There is also a facility in Atal Pension that the amount deposited in it can be changed at any time. That is, you can increase or decrease the amount of investment in this scheme at any time. Under Income Tax Act 80C, tax benefit of up to Rs 1.5 lakh is available on investment in Atal Pension Yojana (APY). To get rid of the worry of pension in old age, the Government of India had started the Atal Pension Yojana in 2015-16.

How much investment for pension of 5000

Suppose you are 18 years old and from this age you start investing in Atal Pension Scheme. If you want that you get five rupees as pension every month after the age of 60 years, then for this you have to invest Rs 210 per month. Whereas, to get a monthly pension of only Rs 1000, you will have to deposit Rs 42, Rs 84 to get a monthly pension of Rs 2000, Rs 126 to get Rs 3000 and Rs 168 per month for a pension of Rs 4000.

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