Atal pension yojna or nps

This query is : Resolved

CA.Rashmi Billore (Querist)
Follow

22 March 2019 For the current financial year, apart from 1.50 lac investment under section 80C I want to Investment Rs. 50000 in NPS or Atal Pension Yojana. Is it possible to invest Rs. 50000/- in this scheme in single shot /lum-sump for this fincial year. Or only monthly deduction is permitted?

Thanks

Message likes : 1 times

K Srinivas, CMA CS

K Srinivas, CMA CS (Expert)
Follow

22 March 2019 lumpsum possible in both . Atal pension investment is based on your pension amount and may or may not match 50000 per annum..

K Srinivas, CMA CS

K Srinivas, CMA CS (Expert)
Follow

22 March 2019 in my opinion, you may invest in NPS since better returns can be expected.

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
Follow

25 March 2019 If you go through FAQ on APS, you will find that taxpayers are not entitled for the same. Go for NPS as suggested by the expert Mr. K Srinivas.
https://npscra.nsdl.co.in/nsdl/faq/APY-FAQs.pdf

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

N N V Satish

Pushkar Nagda

Subbiah S

Suneel Shah

AKCJ INFO

Subscribe Now

Atal pension yojna or nps

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Accountant

CA Final

Manager- Finance and Compliance

Senior Executive

GST CONSULTANT

GST CONSULTANCY