If you are also taking advantage of Atal Pension Yojana or you are also planning to register in this government scheme, then there is big news for you. From next month, the government is going to make a big change in this scheme. This scheme is being closed for many people from October i.e. now many people in the country will not get the benefit of this scheme.
The rule will be applicable from October 2022
Let us tell you that under the new rules of Atal Pension Yojana, people paying income tax will not be able to take advantage of this scheme. The new rule of this government scheme will be implemented from October 2022.
Taxpayers can avail benefits till 30th September
In such a situation, if you are also a taxpayer and want to take advantage of this government scheme, then you have only time for September. From next month you will not be able to take advantage of it. Taxpayers can take advantage of this scheme till 30 September.
Already open accounts will continue
Let us tell you that those who have already opened an account, will continue to get benefit from this scheme. If the Atal Pension Yojana account is opened after October 1, and if that person is already paying income tax, then his account will be closed.
Who can take advantage of this government scheme
Any citizen of India between the age of 18-40 years can take advantage of this. If you also want to take advantage of a pension, then you can open an account in it. Apart from this, in this scheme, you get the benefit of tax exemption under section 80CCD of Income Tax.
Where can I open an account?
The central government had earlier started this scheme keeping in mind the people working in the unorganized sector but then given its popularity, the government opened it to all the people from 18 years to 40 years. To join this scheme, you can open an account from a bank or post office.
4 crore people are taking advantage of the scheme
This scheme (APY) was launched in the financial year 2015-16. This scheme was started especially for those people who are not able to take benefit of any other government pension. In only 6 years, this scheme has benefited about 4 crore people.
