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      Question

      Which pension scheme restricts participation of income

      tax payers from October 1, 2022?
      A NPS Correct Answer Incorrect Answer
      B Unified Pension Scheme Correct Answer Incorrect Answer
      C Atal Pension Yojana Correct Answer Incorrect Answer
      D PM Vaya Vandana Yojana Correct Answer Incorrect Answer
      E Indira Gandhi National Old Age Pension Scheme Correct Answer Incorrect Answer

      Solution

      From  October 1, 2022 , individuals who are income taxpayers are  not eligible to join APY . The government imposed this rule to target the benefits of APY toward the economically weaker sections and ensure that those with taxable income do not avail subsidies meant for low-income individuals.

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