Atal Pension Yojana (APY) Scheme

Financial Inclusion in India

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Atal Pension Yojana: All you want to know about enrollment in brief

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In order to simplify enrolment in Atal Pension Yojana (APY), an internet-based subscriber registration mode has been set up by Pension Fund Regulatory and Development Authority for those applicants who have net-banking accounts. In order to simplify enrolment in Atal Pension Yojana (APY), an internet-based subscriber registration mode has been set up by Pension Fund […]

PFRDA to hire 10 pension funds to manage NPS’ private schemes

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Regulator PFRDA has proposed to hire 10 pension funds to manage corpus of private sector schemes under National Pension System (NPS). Introduced in January 2004, the NPS initially covered new entrants to central government services (excluding Armed Forces) and some state government services, but from April 2009 it was extended to all citizens of India […]

Pension Fund Regulatory Authority proposes auto-enrollment under Atal Pension Yojana

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Pension in India has been restricted to the salaried class and is financed by employer and employee contributions. A majority of the workforce, especially labourers and self-employed professionals are excluded from the pension system. Recognising the deficiencies, National Pension System (NPS) was introduced in 2004. NPS aims to provide social security after retirement in the […]

Regulator seeks tax breaks for Atal Pension Yojana

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The pension regulator has written to both the Centre and the Central Board of Direct Taxes (CBDT) seeking tax breaks for contributions made to the Atal Pension Yojana (APY). Officials of the Pension Fund Regulatory and Development Authority (PFRDA) clarified this to banking functionaries and other stakeholders during a brainstorming session here on Thursday. Defined […]

Extend Benefits of #Social #Security #Schemes to Teachers: Union Minister Smriti Irani

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#SmritiIrani #SocialSecurity #Modi #schemes #AtalPensionYojana Ahead of Teachers’ Day, HRD Minister Smriti Irani has requested states to extend benefits of the social security programmes, recently launched by the Modi government, to teachers as well. If the Centre has its way, lakhs of teachers across the country are not only set to enroll themselves under the social […]

Government simplifies contribution and exit rules for #Atal #Pension #Yojana

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#Atal #Pension #Yojana #APY #Modi #Penalty With an aim to widen the reach of the Atal Pension Yojna (APY) among informal sector workers, the government today said it has modified the flagship programme to give subscribers an option to make contribution on a monthly, quarterly or half-yearly basis. “To increase the acceptability of the scheme […]

#Atal #Pension #Yojana relaxations: Inclusion vs dilution debate

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#Atal #Pension #Yojana #APY #scheme Hoping to bring in more subscribers to its recently launched guaranteed pension scheme — the Atal Pension Yojana, the finance ministry last week brought in significant relaxations that allow members to make contributions on a monthly, quarterly or half- yearly basis and also permitted early exit before the age of […]

#अटल #पेंशन #योजना में हुआ बदलाव, जानें क्या मिलेगा फायदा

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#प्रधानमंत्री #योजना #पॉलिसी #बीमा #इंश्योरेंस  असंगठित क्षेत्र के कर्मचारियों में #अटल #पेंशन #योजना का दायरा बढ़ाने के उद्देश्य से सरकार ने एक फ्लैगशिप प्रोग्राम की घोषणा की है। इस प्रोग्राम के तहत सब्सक्राइबर्स मासिक, तिमाही अथवा अर्धवार्षिक बेसिस पर योगदान दे सकते हैं। वित्त मंत्रालय द्वारा दी गई आधिकारिक जानकारी के मुताबिक, ‘अटल पेंशन योजना […]