Everyone, from common man to the elite, has high expectations from the upcoming budget. On one hand, the middle class is expecting a big announcement regarding tax, while on the other hand, big announcements are also being speculated about schemes like Ayushman Bharat and Atal Pension Yojana.
Budget 2024: Budget 2024 is going to be presented on 23 July. This will be the first full budget after the formation of the NDA government, which will be presented by Finance Minister Nirmala Sitharaman in the Parliament of the country. From common to special, everyone has high expectations from this budget. On one hand, the middle class is expecting a big announcement regarding tax, while on the other hand, big announcements are also being speculated about schemes like Ayushman Bharat and Atal Pension Yojana.
It is being discussed that in this time’s budget, the government can increase the scope of pension under Atal Pension Yojana. However, at present these are speculations. Whether this will happen or not, it will be known only after the budget is presented. Let us tell you that according to the data till June 20, a total of 6.62 crore people have opened their account in Atal Pension Scheme. In such a situation, if the scope of pension increases in Atal Pension Scheme, then crores of people will benefit from it.
Scheme giving pension of Rs 5,000
Let us tell you that under the Atal Pension Scheme, pension ranging from Rs 1,000 to Rs 5,000 is given. Pension Fund Regulatory and Development Authority (PFRDA) regulates this scheme. Pension is made according to your investment. For this, you will have to open an Atal Pension Yojana account in the bank. Your money will be deposited in that bank and you will get pension at the age of 60. After the APY form is registered, auto debit will keep happening from the account. However, only those people can take the benefit of this scheme who are not taxpayers.
Apply for APY like this
For this, the applicant should first open a savings account in a bank. If you already have a savings account in the bank, then you will have to get the application form of the scheme from there. Fill all the information like name, age, mobile number, bank account number etc. correctly in the form. Attach all the required documents. After this, submit the form to the bank. Apart from this, you can also apply for Atal Pension Yojana by visiting the official website https://enps.nsdl.com/eNPS/NationalPensionSystem.html.
Know these rules before applying
- Only Indian people can apply in this scheme.
- To apply, your age should be between 18 to 40 years.
- Your bank account must be linked to Aadhar card.
- The applicant must have an account in any nationalized bank.
- At least 20 years of investment is mandatory to get pension.
