Invest for pension from now

New Delhi. If you do not want to be financially dependent on anyone after retirement, then you can invest in a scheme for pension. Today we are going to tell you about such a pension scheme of the government where you can make your future secure by investing. Atal Pension Yojana can be a good option for your future. The Government of India runs the Atal Pension Yojana to free all the people of the country from the worry of regular income in old age.

Any person between the age of 18 years to less than 40 years can invest in this pension scheme of the Government of India. People who are not taxpayers can contribute to this scheme. In this scheme, you have to contribute till the age of 60. After the age of 60, you are given a monthly pension ranging from Rs 1000 to Rs 5000. Atal Pension Yojana is a good option for guaranteed pension by investing less money.
Will get a pension of Rs 5000 every month
For investing just Rs 1,239 every 6 months in the government’s S scheme, after the age of 60, the government is guaranteeing a lifetime pension of Rs 5,000 a month i.e. Rs 60,000 annually. According to the current rules, if at the age of 18 years, a maximum of Rs 5,000 is added to the scheme for monthly pension, then you will have to pay Rs 210 every month. If you give this money every three months, then you will have to pay Rs 626 and if you give it in six months, you will have to pay Rs 1,239. If you invest at the age of 18 to get a pension of Rs 1,000 a month, then you will have to pay Rs 42 monthly.

Will get the benefit of tax exemption
If you join at the age of 35 for 5 thousand pension, then you will have to deposit Rs 5,323 every 6 months for 25 years. In this case, your total investment will be Rs 2.66 lakh, on which you will get a monthly pension of Rs 5,000. Under section 80CCD of income tax, it gets the benefit of tax exemption. The biggest feature of this scheme is that after the death of the account holder, his family is given the benefit of pension. If the investor dies, then the benefit of the scheme is available to his nominee