Question

Find the false statement with respect to Atal Pension

Q: Answer-Find the false statement with respect to Atal Pension Yojana.

Atal Pension Yojana APY is for Indian citizens. NRI cannot apply for APY. With effect from Oct 01, 2022, Indian citizens who are income taxpayers, are not eligible to join APY.

Yojana.

A The contribution amount increases with the age of subscriber

B Monthly Quarterly and half-yearly mode of contribution is available for subscribers.

C There are additional tax benefit for income tax deduction

D NRI can apply for Atal Pension Yojana

E All are true

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Find the false statement with respect to Atal Pension

Solution