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The Times of India

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Income tax payers barred from enrolling in Atal Pension Yojana from October 1

APY Income Tax Social Security New Delhi

NEW DELHI: Income tax payers will not be allowed to enrol in the government's social security scheme Atal Pension Yojana (APY) from October 1, according to a notification.

The government introduced APY on June 1, 2015, to provide social security to workers mainly in the unorganised sector. Subscribers of the scheme get a minimum guaranteed pension of Rs 1,000 to Rs 5,000 per month after attaining 60 years of age depending on their contributions.

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