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Extension of time-line upto 31st March, 2016 for Government Co-contribution under the Atal Pension Yojana (APY)

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..... Extension of time-line upto 31st March, 2016 for Government Co-contribution under the Atal Pension Yojana (APY) - News and Press Release Dated:- 19-1-2016 - News - To address the longevity risks am .....

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..... ong the workers in unorganised sector and to encourage the workers in unorganised sector to voluntarily save for their retirement, the Government had launched a new initiative called Atal Pension Yoja .....

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..... na (APY) with effect from 1st June, 2015. Under the APY, the Central Government s co-contribution of 50% of the subscriber s contribution upto ₹ 1000 per annum, was available to each eligible su .....

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..... bscriber, for a period of 5 years, i.e. from 2015-16 to 2019-20, who join APY before 31st December, 2015. After careful consideration of feedback received from various quarters, the Government has .....

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..... decided that the co-contribution by the Central Government of 50% of the total prescribed contribution upto ₹ 1,000 per annum, will be available for those eligible subscribers, who join APY befo .....

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..... re 31st March, 2016. This measure is likely to benefit substantial number of people who have not been able to join APY and therefore have failed to avail the benefit of co-contribution by the Governme .....

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..... nt till 31st December, 2015. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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