No more Atal Pension Yojna (APY) for taxpayers having income more than 2.5Lakhs.
Effective from October 2022.
ATAL PENSION YOJANA:“In case a subscriber, who joined on or after 1st October, 2022, is subsequently found to have been an "IT" payer on or before the date of application, APY account shall be closed & the accumulated pension wealth till date would be given to the subscriber.”
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