The government of India has made revised the rules of Atal Pension Yojana (APY), will be effective from from October 1, 2022.
No citizen who is or has been an income taxpayer will not be eligible to join the APY.
If an income tax-payer joins the APY scheme on or after October 1, 2022, the APY account will be liable to be closed.
Currently, all citizens of India between the age of 18-40 years are eligible to join the scheme, irrespective of their tax-paying status.
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