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Pradhan Mantri Vaya Vandana Yojana: In this scheme, you will get Rs 111000 annually on investment, know details

Tax Advantages of Pradhan Mantri Vaya Vandana Yojana

Earnings tax exemption isn’t out there in Pradhanmantri Vaya Vandana Yojana.

This plan is an funding plan.

All residents above 60 years of age can make investments as much as Rs 1500000 earlier than 31 March 2023.

Relying on the funding, senior residents can take a pension of 1000 to 9250 rupees monthly.

GST is exempted on this scheme.

Below Section 80C of the Earnings Tax Act, the deduction can’t be claimed by the citizen investing below this scheme.

You’ll be able to simply give up this plan. You’ll be able to give up it inside 15 days of taking the scheme. If an internet scheme is taken, then it’s given time as much as 30 days.

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