If you are also looking for a good way to earn income in old age, then today we will tell you about such a scheme of the Central Government, through which you can earn every month. Modi government has started many schemes for the general public of the country. Today we will tell you about such a scheme, in which the government will give you Rs 20,000 every month. The name of this scheme is National Pension Scheme.
Old age will be secure
National Pension Scheme is a government scheme, through which your old age remains secure. The special thing is that there is zero risk in it and money is also guaranteed. This scheme was started in the year 2004 for government employees. At the same time, in the year 2009, this scheme was opened for all categories.
40% annuity has to be invested
Under this scheme, you have to invest for a long period in your working life. In this scheme, you have to invest 40% of the amount in the annuity. It is from the amount of annuity that you get a pension later on.
What are the benefits of the scheme-
In this plan, you can start with Rs.1000.
People from 18 to 70 years can take advantage of this scheme.
60% amount will be tracked free on final withdrawal.
The contribution limit in NPS account is 14%.
The amount invested in the purchase of an annuity is also fully exempt from tax.
Will get more than Rs 20,000 every month
If you invest Rs 1000 a month in this scheme at the age of 20, then by the time of retirement you will have a total corpus of Rs 5.4 lakh. There will be a 9 to 12 per cent return on this, due to which this investment will increase to 1.05 crores.
