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Over 3.3 crore people have signed up for Atal Pension Yojana
The scheme has added over 28 lakh subscribers in the current financial year
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PFRDA pension subscribers' base jumps to 4.35 crore in June
Of the total, the number of subscribers under the APY stood at 288.60 lakh as of June 30, an increase of 33.95% from the year-ago period
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NPS inflow surge bodes well for old age income security net in the country
Retirement planning is crucial for everyone in a country like India which has a very weak social security net
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Record 4.78 crore subscribers for government pension schemes (NPS +APY)
PFRDA is the statutory authority established by an enactment of the Parliament, to regulate, promote and ensure orderly growth of NPS, APY and pension
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PFRDA subscriber base up by 23% to 4.27 crore by April 2021
The overall subscriber base under the two schemes --National Pension System and Atal Pension Yojana-- stood at 3.46 crore by April 2020
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Retirement planning: NPS needs to be strengthened further
A greater push to NPS is likely to come if the PoPs, which register and accept contributions from subscribers, are remunerated adequately to incentivi
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How to save for your retirement
APY subscribers can get fixed monthly pension of Rs 1000, Rs 2000, Rs 3000, Rs 4000 and Rs 5000 and the amount of premium depends on the age of entry
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Subscribers under NPS, Atal Pension Yojana schemes rise 22% to 4.15 crore at February-end
The subscribers under National Pension System (NPS) and Atal Pension Yojana (APY) were over 3.43 crore a year ago
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All you need to know about Section 80CCD of Income Tax Act
Tax deductions available against contributions made towards National Pension Scheme (NPS) or the Atal Pension Yojana (APY) fall under Section 80CCD
