Modi govt is doing a good thing where they are providing social security schemes for all and one in the country. However if we see economically it is not going to cost the exchequer much as the schemes have been designed in such a manner that it is no profit no loss situation for the govt and in turn giving more social security to the people. It is also an art to convert a scheme into a win-win situation for all without incurring any expenditure. Govt will be contributing max Rs 1000 per account. Consider this
Atal pension Yojana for which complete details is given in the below screenshot.
So; if one is not covered by any pension scheme then one must consider going for it as it is a good security net umbrella and it is equally good for your employees too. This scheme is valid for age group 18 to 40 years and start accruing pension at age 60 onwards. Subscribe for our free
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