#aadhar pay api

[sudheervanguri]

MSN Laboratories, a leading name in the pharmaceutical industry, is hosting a walk-in interview for the Production Department on 20th and 21st September 2024. invite freshers and experienced candidates with a background in chemistry to explore career opportunities at Kardanur facility. Job Openings Overview Company: MSN Laboratories Position: API Production Department Experience Required: 0 to 7 years (freshers are welcome) Qualification: BSc in Chemistry Job Location: MSN Laboratories Pvt. Ltd., Unit-2, Kardanur, Patancheru Production Department Job Details 1. API Production Department - Freshers & Experienced Welcome Position Overview: Location: MSN Laboratories Pvt. Ltd., Unit-2, Kardanur, Patancheru Qualification: BSc in Chemistry (2022, 2023, and 2024 graduates are eligible for fresher positions) Experience: Freshers are welcome. For experienced candidates, 0-7 years of pharma industry experience is required. Experience in handling reactors, centrifuges, and dryers is a plus. Key Responsibilities: Operation of API production equipment, including reactors, centrifuges, and dryers. Ensuring adherence to safety and quality standards in production. Monitoring and maintaining process parameters as per production requirements. Collaborating with the quality and safety teams to ensure smooth production operations. Benefits of Working at MSN Laboratories Monthly Unit Incentives: Enjoy additional performance-based incentives. Night Shift Allowance: Extra compensation for night shift work. Free Transportation: Complimentary transport services to and from the job location. Subsidized Canteen: Affordable, high-quality meals available on-site. [caption id="attachment_56319" align="aligncenter" width="930"] MSN Walk-in Interview for Production Department (Freshers Also Welcome)[/caption] Walk-in Interview Details The walk-in interview for the Production Department will take place on the following dates: Date: 20th & 21st September 2024 (Friday & Saturday) Time: 09:30 AM to 4:30 PM Location: MSN Laboratories Pvt. Ltd., Unit-2, Kardanur, Patancheru Contact Person: Mani Shankar (9154894756) Candidates are requested to bring the following documents to the interview: Updated resume Photocopy of educational certificates Latest increment letter Last three months’ pay slips Last six months’ bank statements Passport size photographs Aadhar card copy

[rainet00]

Bharat Pay Api

Rainet Technology is a software development company that specializes in the development of Bharat Pay API for businesses. The company offers an array of services and solutions to meet the needs of businesses, such as BBPS API Provider, AEPS API Provider, and more. With an experienced team of developers and creative professionals, Rainet Technology has become one of the leading App Development Company in India. The company provides reliable solutions that can help businesses to streamline their operations and improve customer experience. With the help of the Bharat Pay API, businesses can easily integrate payment solutions into their applications or websites for faster transactions.

Rainet Technology is an App development company and software development company in India that helps its customers to build successful business solutions. As a BBPS API Provider, Rainet offers comprehensive services for businesses to integrate Bharat Pay API into their applications. This API helps businesses to process payments securely and quickly via Unified Payments Interface (UPI). The AEPS API Provider also gives businesses access to Aadhar Enabled Payment System (AEPS) for convenient and secure transactions. With Rainet's expertise in app development, the company provides reliable solutions with Bharat Pay API that can help businesses operate more efficiently and cost-effectively.

Bharat Pay Api, powered by Rainet Technology, is set to revolutionize the way businesses handle their transactions. Rainet is a leading App Development Company and Software Development Company that provides BBPS API and AEPS API services. The Bharat Pay Api helps businesses to quickly and securely process payments from customers via different payment modes such as UPI, debit card, net banking etc. It can also integrate with existing e-commerce platforms for seamless payments. This makes it an ideal payment solution for online stores as well as brick-and-mortar stores. With the help of this api, businesses can easily manage their financial operations in an efficient manner with minimum effort and cost.

Rainet Technology is a leading App Development & Software Development Company in India. They have also recently become an authorized BBPS API Provider, AEPS API Provider and Bharat Pay Api Provider. With their expertise in the field, Rainet Technology will help you to build cutting-edge apps and develop advanced software solutions that can help you stay ahead of the competition. Their team of experienced professionals will ensure that your project is handled efficiently and on time. With their experience as a BBPS API Provider and AEPS API Provider, they can provide you with the highest quality services according to your needs. They have also recently become a Bharat Pay Api provider which will help you integrate your payment solutions into your applications quickly and easily.

Visit Website: https://rainet.co.in/BBPS-API-Integration.php

[startlingworld]

Aadhaar Pay's services are now being provided by almost all the banks. AEPS is a bank-led model using PoS (Point of Sale / Micro ATM) through Business Correspondent (BC) / Bank Mitra of any bank using Aadhaar authentication. But online interoperable allows financial transactions and you can increase your business.

Call Now: 9956251008

Website: www.startlingworld.in

[aeps-api-provider-company]

Build & Grow Your FinTech Network with AePS API Provider

RBP Finivis Pvt. Ltd. is among the aeps api provider in india which has been working to cater the financial needs of millions of low and moderate-income people residing in rural and semi-urban areas. We have come into the market as a FinTech industry to help other businesses to walk in as successful FinTech businesses.

Here, FinTech refers to financial technology that is used to support or enable banking and financial services. And we are present with our various API-oriented services across the boundaries such as AePS, Micro ATM, Bharat Bill Payment System, and Domestic Money Transfer. Out of these, let us discuss one of our unique API & SDK i.e. AePS (Aadhaar Enabled Payment System).

A Convenient Platform To Perform Banking Transactions Using Aadhaar Card:

AePS Service via compatible API and SDK, developed by NPCI with the initiative of RBI is a simple and highly secure financial transaction system for Indians using Aadhaar linked bank accounts. However, AePS supports easy card-less and pin-less cash withdrawal, balance inquiry, mini statement, and Aadhaar to Aadhaar fund transfer services with Aadhaar number and biometric verification. We at RBP have the perfect solution with AePS API banking services; we have been able to provide instant payment services and much more. So, now with the AePS API provider, you can do banking instantly, securely, and seamlessly without any hassle.

Put Your Steps Forward and Start Your AePS API Business (Invest Low & Earn High):

Markets are not the same as they were decades ago. Change is happening and it is happening fast. When it comes to banking, organizations are transforming digitally to keep pace with the changing landscape and it is time to integrate your enterprise or start your entrepreneurship journey directly with the digital banking system, introduced by RBP Finivis, an API provider company in India. It offers secure, reliable API solutions simplifying banking for outlines with proven results.

Our AePS API allows you trusted interoperable financial services to directly connect to the bank system with end API integration for payment processing and fund transfer happens on a real-time basis and gets automatically updated with payment status needs. Isn’t that simple?

Key Features Offered By RBP Finivis an AePS API Provider:

·         Secured and reliable API banking solution with 24*7 help support

·         The flexibility to authenticate financial transactions on the move using Smartphone or laptop

·         Easy to implement

·         Economical with low investment and high earning

·         Interoperability to expand your business

Hence, it is amazing that with the up-gradation in financial technology, there has been a rapid change in the financial system from traditional to digital. With an AePS API provider company in India like RBP Finivis, one can start his own branded API business and grow in this fast-changing world that offers more relaxed and quick banking services, unlike old traditional modes. After being aware of all these wonderful features, are you curious to know more?

For more information you can visit our website or by direct contact us on our toll-free number:

Visit us: https://rbpfinivis.com/

Contact us: 18004196571

AePS Cashwithdrawal APP

[suprosoftapiprovider]

We provide B2B, B2C and Software Development 24 × 7 hour helpline for any assistance. ☎️ +91-9956951008 📎 softsupro@gmail.com 📶 www.suprosoft.in 

[akankshasmishra]

Atal Pension Yojana(APY)-Scheme Details, Amount, Elgibility

There are many investments that we must look upon to make our tomorrow secure from any financial problems. For government employees, there are so many ways like GPF, PPF, and many more. Thus, for the unorganized sector, there are various schemes came into force. Atal Pension Yojana or APY is one of them. So, let’s know more about it!

What Is Atal Pension Yojana?

Atal Pension Yojana or APY is implemented with an objective to provide the pension benefits to individuals in the unorganized sector. Pension Funds Regulatory Authority of India (PFRDA) synchronizes this plan. However, those who are in the organized sector and have no recourse for pension can also apply for this scheme.

The Central Government of India has launched three programs:

Jan Suraksha schemes during 2015-16, Atal Pension Yojana (APY),

Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), and

Pradhan Mantri Suraksha Bima Yojana (PMSBY).

Due to immense public response from the Pradhan Mantri Jan Dhan Yojana to avail banking with zero balance account, our former Finance Minister Late Shri Arun Jaitley decided to create an expanded and enhanced version of the National Pension Scheme, i.e., Atal Pension Yojana. It is a replacement for the former Swavalamban pension Yojana. In Atal Pension Yojana (APY), the investor will receive their accumulated amount as a monthly payment, just as a regular income.

In case, if you (the investor) pass away, your family or better half avails of it. However, if both, i.e., you and your spouse pass away, your nominee will receive the bulk of the amount. Hence, it’s a source of income in old age.

Thus, it helps people of retirement ages to save money for future needs. The entire bulk pension money depends on the amount you devote towards it every month. Added to this, your age is also taken into consideration. One can get this amount from the age of 60 years.

What Are The Extensions We Have From NPS In APY?

APY was launched in 2015 by Finance Minister Arun Jaitley. On the one hand, where NPS is for everyone, APY focuses on the unorganized sector. According to a circular issued by the Income Tax Department in 2016, contributions to APY will be eligible for the same tax benefit as NPS.

a. Age

The customer should be at least 18 years of age to open an NPS account. The maximum age is 55 years. For APY, a person must be 18 years or older to apply. The maximum age for contributing is 40 years.

b. Investment

There is no maximum investment limit for NPS, whereas APY works on a predetermined monthly contribution. Suppose you start investing as early at the age of 18 and invests Rs 210 per month for 42 years of his life. Then you will earn Rs 5,000 periodically.

c. Minimum Investment

Under the NPS scheme, you have to contribute a minimum of Rs 500 per month, while under APY, there are three payment modes for contribution: monthly, quarterly, and half-yearly. Thus, you’re required to pay a monthly payment of Rs 42 to get a minimum guaranteed return of Rs 1000.

d. Returns

Under the APY scheme, returns get decided beforehand. The return ranges from Rs 1000 to Rs 5000, with the denominations of 1000. For NPS, returns get associated with markets. This means that returns for NPS customers can vary depending on various factors, such as market movement.

e. Premature Withdrawal

As per APY rules, you’re not allowed to withdraw money before the tenure ends. However, in case you die or have a severe medical condition, you shall be entitled to withdraw the amount. For NPS, premature withdrawals will only be allowed in Tier 2 accounts.

Features of Atal Pension Yojana:

1. Raising The Amount Of Subsidy:

As stated above, the amount of pension at your 60s solely depends on how much money you had devoted towards this. Apart from that, it also includes how early you had started investing. These pension amounts vary with the different contributions you made in your producing ages. It may happen that you may devote more bucks towards this plan. As certainly, it will yield bigger fruits in the future.

To make your way easier, the government has laid other paths too. Now, you can add up or deduct from your actual payment towards this every month. Let’s say in a month; you had other prioritized expenditures too. So, indeed, you’ll not be able to devote more money towards this. In that case, you’ll have to decrease your subsidy. Thus, the thread is in your hand itself. When to lose and when to tighten, it’s completely your choice. All you need to do is consult your bank branch manager about it and work upon the necessity.

2. Auto-Debit:

It gives you the facility of auto-debit, so you should not take this into consideration. It will be paid automatically. The only thing you need to consider is the sufficient balance in your account, which is linked with the APY account so as not to penalize yourself.

3. Pension:

It can be provided into denominations of Rs. 1000, Rs.2000, Rs.3000, Rs.4000, Rs.5000, depending on your monthly contributions.

4. Age-Restriction:

This scheme has an age restriction between 18 to 40 years. So college students can also invest in this scheme, and the maximum bar is of 40 years because in this scheme you have to contribute for at least 20 years.

5. Premature Withdrawal:

You’re not permissible to extract the amount earlier than the requisite day. However, in cases like any severe illness or death, you’re permissible for withdrawal. You can get the total amount you expended for such cases.

However, if you discontinue the plan before turning 60s for any reason except stated above, you’ll be in a great loss. Although the sum and interest you earned on that sum, will get paid back to you. Yet you won’t get granted for any government gifts or extra bucks on the interest earned on your sum.

After attaining the age of 60 years, you will be eligible to withdraw the entire amount after the closure of the scheme with the bank concerned, i.e. get a monthly pension. You can also take all the reimbursements in case of any tragic illness before attaining the age of 60.

6. Penalty Charges:

If you miss your payments, a penalty will be imposed. A fine of Re. 1 is imposed on the monthly endowment of Rs. 100 and more.Fine of Rs. 2 is imposed on the contribution of Rs. 101 to Rs.500.

Rs. 5 fine will be imposed on the contribution of Rs.501 and Rs. 1000.Rs. 10 will be imposed on the contribution of Rs. 1000 and above. If in case you’re unable to pay your subsidy for 6 months, your account gets seized temporarily. However, if the delay continues until 12 months or more, it collapses on its own. Then, your entire amount gets paid back to you.

7. Tax Deduction:

The tax deduction portion of this scheme falls under section 80CCD. As per section 80CCD, a max of 10% of your total basic wage. However, the max limit is Rs. 1,50,000. Additional discount of Rs. 50,000 is allowed under Section 80CCD (1B) for devoting to Atal Pension Yojana.

Monthly Contribution For Atal Pension Yojana Chart Age-Wise

According to different ages, you must deposit dissimilar contributions. Keeping the fact of how much pension you want after 60, the payment varies. This graph will help you understand and analyze according to your specifications.

Monthly Contribution Of Atal Pension Yojana

Benefits Of Atal Pension Yojana:

1. Regular Income Source For Old Age:

This scheme financially enables you in the age of 60s to meet your necessities. This is specially made for the ones working in unorganized sectors, e.g., Maids, gardeners, etc. In case of any illness or accident, this scheme provides a sense of security to all such crowds.

2. Nominee:

Unfortunately, if you pass away, your wife gets to avail of it. However, there are situations where both the investor and his wife dies. Then, the nominee has the choice to avail the entire amount. He can deactivate the account and receive the same pension money. The nominee can be a legal heir or any other family member.

3. For Unorganised Quarter:

Why should government employees avail of all opportunities? Some get diverted towards the corporate sectors as well. For making their lives easier, this plan got implemented. Although ones who are in the organized sector and had no recourse to a pension can also apply for this Yojana.

4. Government-Supported:

This scheme gets backed by the government, so there is no means of loss or risk. Your hard-earned money is in protective hands.

Eligibility Criteria Of Atal Pension Yojana

i. You must be an Indian civilian.

ii. You must have a legitimate active contact number.

iii. Make sure your account is well tied-up with Aadhar Card.

iv. You must be in the age bracket of 18 to 40 years.

v. You must not be a part of other welfare plans.

vi. The min duration that you must fund to your account is 20 years.

Beneficiaries of Swavalamban pension Yojana are automatically migrated to this scheme.

Characteristics For Atal Pension Yojana

All nationalized banks offer this scheme. You can choose these banks to open your APY account.

Atal Pension Yojana can be accessed from online portals or from the other banks. This form can also be downloaded from the official site.

The forms are in service in English and Hindi and seven other regional languages, i.e., Bangla, Gujarati, Kannada, Marathi, Odia, Tamil, and Telugu.

Pen down the blanks in the form, after filling, handover them to the bank for further work.

If you have not already provided a contact number to the bank, provide a valid mobile number.

Also, carry with yourself two scanned pictures of your Aadhar card.

Frequently Asked Questions

1. Is it feasible for me to subscribe to the APY pension plan? What if I’ve not opened a savings account yet?

No, first of all, you need to open a savings account. Until and unless you save, how’ll you divert towards other fields? Then go for an APY subscription.

2. Is it mandatory to declare a candidate while applying for Atal Pension Yojana?

Yes, in case both you and your wife’s unfortunate death, your nominee gets the amount. So, you need to choose a person as your nominee. For more verification of your nominee, you must provide his KYC information as well.

3. Can I accumulate more than one pension accounts under this scheme?

No, you cannot accumulate multiple pension accounts under this plan.

4. Is there any way how I can apply for it online?

No, at present, there is no provision to apply online for APY. You can fill the form in the post office only.

5. What documentation you must carry with yourself to submit for this scheme?

To apply for the APY scheme, you need to submit the form accompanying a scanned Xerox copy of your Aadhar card. No further documents you need to carry.

6. How can I know if my scheme is functioning well or not?

You will get a notification pop up on your registered phone number once the plan gets approved.

7. When is the last date to which I can join the Atal Pension Yojana?

Atal Pension Yojana does not have any such last date to join the scheme. Handover this form as early as 1st June for being the part of this magnanimous scheme. The scheme gets revived every year by 1st June.

8. Is the money invested in this plan safe? Will the plan face any kind of transformation if the party changes?

Although this scheme is passed in the budget session, it doesn’t depend on Government bifurcations or change. The plan will not be closed if the government changes, and your contribution is safe. Any successful governments only have the right to rename the pension scheme.

9. What is the age tenure to join this scheme?

You can join this scheme as early as the age of 18 years. College going students can also go for it. The highest age for being part of this scheme is 40 years. Having the upper limit is due to the reason of the compulsory contribution duration of 20 years. From 60 onwards, you will start being paid with your pension.

Final Talk

Pension getting is another beautiful stage of life. Getting ripened fruits for a tree, you grew in the past is something to cherish for! I hope this article helped you in enlightening your views.

source http://invested.in/atal-pension-yojana/

source https://investedindia.wordpress.com/2020/09/23/atal-pension-yojanaapy-scheme-details-amount-elgibility/

[sudheervanguri]

MSN Laboratories is thrilled to announce a walk-in drive for freshers seeking dynamic roles in Production (API) and Engineering Services (ESD). This event is an excellent opportunity for B.Sc Chemistry graduates and ITI Fitters with 0-6 years of experience. The walk-in drive will be held on June 8, 2024, at MSN Laboratories Pvt. Ltd. Unit-2 in Kardanur, Patancheru. About MSN Laboratories: Celebrating 20 years of excellence, MSN Laboratories is a leading name in the pharmaceutical industry, dedicated to research and development for better medicines. Known for its innovative approach and quality standards, MSN Laboratories offers a vibrant work environment and growth opportunities for its employees. Walk-In Drive Details: Date: June 8, 2024 (Saturday) Time: 09:30 AM to 04:30 PM Venue: MSN Laboratories Pvt. Ltd. Unit-2, Kardanur, Patancheru Contact Person: Mani Shankar (Phone: 9154894756) Positions and Criteria: Production (API) Qualification: B.Sc in Chemistry Experience: 0-6 years (Oncology experience is an added advantage) Job Role: Handle reactors, centrifuges, driers, and powder processing equipment. Benefits: Monthly unit incentives Night shift allowance Free transportation Subsidized canteen Engineering Services (ESD) Qualification: ITI (Fitters) Experience: 0-6 years (Pharma experience mandatory) Job Role: Perform shift operations, preventive maintenance activities, and breakdown maintenance. Benefits: Monthly unit incentives Night shift allowance Free transportation Subsidized canteen [caption id="attachment_77115" align="aligncenter" width="930"] MSN Laboratories Walk-In for Fresher MSc Students in Research & Development[/caption] How to Apply: Candidates are requested to attend the walk-in drive with the following documents: Resume Photocopy of educational certificates Latest increment letter Last three months' pay slips Last six months' bank statements Passport size photographs Aadhar card copy

[startlingworld]

The Startling World is one of the best AEPS API providers in India AEPS API at a very reasonable and affordable cost in startling world. We provide the best commission on aeps api and aadhar pay api So what you are waiting for, reach us now and get your own AEPS portal with best margin.

Call Now: 9956251008

Website: www.startlingworld.in

[aeps-api-provider-company]

Now you can get AePS admin portal easily to start your fintech business. We are available 24/7 to support our valued clients and offer the best experience in the industry.

RBP Finivis put forward high commission AePS API to offer you the best serving and earning experience. It gives you an opportunity to create your brand.

[suprosoftapiprovider]

सिर्फ  आज के लिए आधार पे की एपीआई फ्री में बुक करे (T&C) Call Now: 9956951008 Website: https://bit.ly/3fPniHa

[loanandmore]

8 Features of the Atal Pension Yojana

In an attempt to provide help to the unorganized section of the Indian society, the Government of India has started the Atal Pension Yojana in June 2015. This plan is taken care of by the Pension Fund Regulatory and Development Authority under the National Pension System. This plan was launched with the aim of encouraging the individuals from a weaker section to opt for pension, which would immensely be of advantage to them during old age. The Atal Pension Yojana scheme will also be taken by individuals working in private sector organisations or by any individual who is self-employed.

This is a pension scheme managed by the Government of India and is provided to all the citizens of India. An individual can opt for a monthly pension that could be anywhere from Rs. 1000 to Rs. 5000, that will start after the age of 60 years. The pension amount an individual will get depends on the age at which they have joined the Atal Pension Yojana and the amount deposited by the individual will also contribute each month. An individual will have to fill up and submit the APY registration form at their local financial institution branch. The member of the scheme will need to provide their bank account number, mobile number and Aadhar No. The individuals first contribution amount is debited from their linked bank account during the time of account opening. A financial institution will issue acknowledgement No. PRAN to the customer. The subsequent contributions will also be automatically deducted from their bank account. A customer can easily get the account opening form for this scheme at any bank branch which participates in the scheme.

Some of the key features and characteristics of the Atal Pension Yojana scheme are listed below:

1.      An applicant needs to have a mobile number, that will need to be given to the bank when the applicant is applying for the Atal Pension Yojana.

2.      The applicant should not be paying income tax. The Atal Pension Yojana is primarily designed for helping individuals working in the unorganised sector, self-employed individuals, traders.

3.      Every Indian individual is eligible to apply for this scheme. An individual will have to be above the age of 18 and below 40 years to apply for the Atal Pension Yojana.

4.      The applicant should have a savings bank account, or it should be ready to open a savings bank account. The account will also need to have an auto-debit facility.

5.      An applicant needs to have a mobile number, that will need to be given to the bank when the applicant is applying for the Atal Pension Yojana.

6.      The applicant should not be paying income tax. The Atal Pension Yojana is primarily designed for helping individuals working in the unorganised sector, self-employed individuals, traders.

7.      The Atal Pension Yojana will provide a pension from Rs. 1000 to Rs. 5000 to the beneficiary after they turn 60. The spouse will remain the pension, if the beneficiary dies.

8.      The current Swavalamban Scheme beneficiaries who lie between the age of 18 and 40 will be moved automatically to the Atal Pension Yojana scheme.

9.      The Pension fund regulatory and development authority will govern the scheme.

An applicant’s monthly contribution amount is determined by a pension which the individual wants every month and the age at which they apply for the scheme and start with the contributions.

[bloggermotion-blog]

ATAL PENSION YOJANA OR APY – PENSION FOR COMMON PEOPLE

The government of India has introduced Atal Pension Yojana or APY for all Indians, basically the poor, underprivileged & unorganized workers. This scheme is to provide secure social security. Anybody can enrol in this scheme with a regular minimum contribution.

Atal Pension Yojana is a pension scheme mainly for the unorganized sector such as maids, daily workers, gardeners, delivery boys, etc. This scheme replaces the previous Swavalamban Yojana.

The goal of the scheme is to ensure that every Indian citizen gets a pension at old age. It is a Social Security Scheme. There is an option to get a fixed pension of Rs 1000, Rs 2000, Rs 3000, Rs 4000, or Rs 5000 on reaching the age of 60.

Highlights of ATAL PENSION YOJANA REVIEW

The pension is calculated on the basis of the individual’s age and the contribution amount. The subscriber spouse can claim the pension upon the contributor’s death. But, upon the death of both the contributor and his/her spouse, the nominee will get the accumulated corpus.

If the contributor dies before the age of 60, the spouse can either exit the scheme and claim the corpus or continue the scheme for the balance period.

The Government also make a co-contribution of 50% of the total contribution or Rs. 1000 per annum whichever is less to all eligible subscribers who had joined between June 2015 and December 2015 for a period of 5 years i.e., for financial years 2015-16 to 2019-20. But, the subscribers should not be part of any other statutory social security schemes like Employee’s provident fund, NPS or should not be paying income taxes, in order to avail Government’s co-contribution.

MUST-READ: WHAT ARE THE BEST MONTHLY PENSION PLANS?

Important Facts to Know about APY

Since you will be making periodic contributions, the amounts will be debited automatically from your account. Only, you make sure that you have sufficient balance in your account.

You can increase your premium at your will. So, visit your bank and talk to your manager and make the necessary changes.

If you default to pay the payment in time, a penalty will be imposed. A penalty of Rs.1 per month is calculated for a contribution of every Rs. 100 or part thereof.

If you default on your payments for 6 months, your account will be frozen and if the default continues for 12 months, the account will be closed and the remaining amount will be paid to the subscriber.

No permission for early withdrawal. But in cases like death or terminal illness premature withdrawal is allowed.

You can close the scheme before the age of 60 for any other reason. But, only your contribution plus interest earned will be returned. You will not get the government’s co-contribution or the interest earned on that amount.

MUST-READ: BEST PERFORMING NPS FUNDS IN INDIA

Eligibility for ATAL PENSION YOJANA or APY.

To get the Atal Pension Yojana benefit from you must fulfil the below requirements:

Must be a citizen of India.

Must be between the age of 18-40

Should make contributions for a minimum of 20 years.

Also, need a bank account linked with your Aadhar

Must have a valid mobile number

Those who are getting benefits of Swavalamban Yojana will be automatically migrated to Atal Pension Yojana.

How to Apply for ATAL PENSION YOJANA or APY?

Follow these steps to avail the benefits of APY

All nationalized banks provide the scheme. You can visit any of these banks to open your APY account.

Atal Pension Yojana forms are available online. You can get it from a bank also. You can download the form from the official website also.

Forms are available in English,Gujarati, Kannada,Hindi, Bangali, Marathi, Odia, Tamil, and Telugu.

Fill the application form correctly and submit it to your

Provide a valid mobile number.

Submit a photocopy of your Aadhaar card.

Get a confirmation message on your mobile.

The focus of ATAL PENSION YOJANA or APY.

The main target for unorganized sector workers. This scheme is to provide a defined contribution amount, a defined period of contribution and a defined amount of Pension.

MUST-READ: TOP 10 PENSION PLANS IN INDIA BEST FOR RETIREMENT LIFE

ATAL PENSION YOJANA Benefits or APY?

A Pension Scheme fully control by Government. Fixed pension guarantee scheme. Also, a fixed pension between Rs. 1,000/- to 5,000/- as per the plan you choose. Further, Central Government of India will co-contribute 50% of the total contribution or Rs.1,000/- per annum for the eligible subscriber for a period of 5 years i.e. from the financial year 2015-16 to the financial year 2019-20.

Regulatory Authority of ATAL PENSION YOJANA or APY?

It is a Government of India Scheme and Pension Fund Regulator and development authority or PFRDA is the regularity authority of APY Scheme.

Eligibility Criteria for ATAL PENSION YOJANA or APY

It is open to all bank account holders.

Age should be between 18 – 40 years.

Not covered with any other social security schemes.

The only Citizen of India can open APY Scheme.

But an Income Taxpayer is not allowed.

MUST-READ: EPF NOMINATION RULES CHECK & UPDATE NOMINEE ONLINE

Amount of Pension in ATAL PENSION YOJANA Amount

The minimum pension is Rs.1,000/-

The maximum pension is Rs.5,000/-

The Contribution Period of ATAL PENSION YOJANA Age Limit or APY.

The minimum age of joining in APY is 18 years and maximum joining age is 40 years. Your age of exit and the start of pension would be 60 years. So, the minimum period of contribution under APY would be 20 years or more.

Hence, the minimum contribution period is 20 years.

If you join at the age of 40, you have to stay invested for the next 20 years till you reach 60 years of age.

FROM WHERE YOU CAN OPEN YOUR APY ACCOUNT?

Any nationalized bank or any public sector bank providing this facility.

All Point of Presence POP.

MUST-READ: PRADHAN MANTRI SHRAM YOGI MAAN DHAN DETAILS

Penalty if you delay the contribution?

You will get a penalty if you delay the contribution.

Rs. 1 penalty per month for the contribution up to Rs 100/- per month.

Rs. 2 penalty per month for contribution between Rs 101/- to 500/- per month.

Rs. 5 penalty per month for contribution between Rs 501/- to 1,000/- per month.

Rs. 10 penalty per month for contribution beyond Rs 1,001/- per month.

Penalty if you miss the contribution?

You will get a penalty if you miss the subscription.

After 06 months account will close.

Also after 12-year account will deactivate.

After 24 months account will close.

Can you exit the Pension before maturity?

The maturity period is 60 years.

Can not exit before 60 years. However, in some exceptional circumstance i.e. death of a beneficiary or discovery of terminal illness premature exit is possible.

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Taxation on Ayal Pension Yojana

Contributions made by an individual in the Atal Pension Yojana 80C are eligible for the deductions under section 80CCD of the Income Tax Act, 1961.

Maximum deduction allowed under section Atal Pension Yojana 80CCD (1b) of the Income Tax Act, 1961 is 10% of the gross total income subject to a maximum deduction of Rs. 1,50,000 p.a. It is specified under section 80CCE of the Income Tax Act. All comes under section 80C.

An additional contribution of Rs. 50,000 p.a. is eligible for an additional deduction of Rs. 50,000 p.a. above Rs. 1,50,000 under section 80CCD1B of the Income Tax Act, 1961.

These deductions are subject to the fulfilment of the conditions mentioned in the Income Tax Act, 1961. Tax laws are subject to amendments from time to time.

[awesomeblockchain]

This project is the first step to a bigger system. As of now, this project will be on the lines of the unified payment interface (UPI), a software application that facilitates easy and secure transfer of money in real time.

The government, through projects like this, is planning to build a public goods infrastructure that could help in better organisation and distribution of goods and public services.

The project basically aims to replicate UPI-like features, which is ambitious. UPI is a payment API that can be used by private companies to build payment apps. Currently, Amazon Pay, Google's Tez, Paytm, PhonePe and Reliance Jio are built on UPI, while WhatsApp is beta-testing payments through UPI.

IndiaChain is a government blockchain project that was conceptualised by NITI Ayog last year. The project aims to reduce frauds, speed up enforcement of contracts, increase transparency of transactions, and boost the country's agriculture economy.

The country also plans to link the IndiaChain project with IndiaStack, which is the government's unique identification database(Aadhar database).

According to reports, the government is analysing the feasibility of implementing a blockchain system for the following use cases.

The IndiaChain initiative does hold good on paper but its success completely depends on how the Indian market adopts it.

The new system architecture could also help the government track taxes that come from all around India through a unified and secure system network (i.e. no more tax evasions).

According to a Factor Daily report, Niti Aayog plans to bring out a -blockchain policy paper" next month. Once ready, the government will hope that IndiaChain sees the same kind of adoption that UPI has received so far.

Blockchain is a decentralised and distributed record keeping system that is maintained across a network of computers, called nodes. A blockchain consists of units called blocks, which keep the record of a transaction and is secured using cryptography.

A block also contains a cryptographic key(hash) alongside a timestamp, representing the transaction. A blockchain is monitored and managed by a peer-to-peer network by using standardised protocols.

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[sudheervanguri]

MSN Laboratories, a leading name in the pharmaceutical industry, is conducting a walk-in drive for various positions in Production (API) and Engineering Services Department (ESD). This is a fantastic opportunity for experienced professionals and freshers to join a dynamic team and advance their careers in a reputable organization. Walk-In Drive Details Date: 24th & 25th May 2024 (Friday & Saturday) Time: 09:30 AM to 04:30 PM Venue: MSN Laboratories Pvt. Ltd. Unit-2, Kardanur, Patancheru Contact Details: Mani Shankar: 9154894756 Open Positions and Qualifications Production (API) Roles MSN Laboratories is seeking candidates for its Production department, specifically focusing on Active Pharmaceutical Ingredients (API). Qualifications: B.Sc (Chemistry) Experience: 1 to 6 years Responsibilities: Handling reactors, centrifuges, driers, and powder processing equipment. Experience in oncology production is an added advantage. Benefits: Monthly unit incentives. Night shift allowance. Free transportation. Subsidized canteen facilities. Engineering Services Department (ESD) Roles The company is also looking for fitters to join their Engineering Services Department. Qualifications: ITI (Fitters) Experience: 0 to 6 years (pharma experience mandatory) Responsibilities: Shift operations and preventive maintenance activities. Handling breakdown maintenance tasks. Interview Location MSN Laboratories Pvt. Ltd. Unit-2 Kardanur, Patancheru Required Documents Candidates are requested to bring the following documents to the interview: Updated resume Photocopy of educational certificates Latest increment letter Last three months' pay slips Last six months' bank statements Passport size photographs Aadhar card copy [caption id="attachment_77115" align="aligncenter" width="930"] MSN Laboratories Walk-In for Fresher MSc Students in Research & Development[/caption] Why Join MSN Laboratories? Reputation: MSN Laboratories is celebrated for its innovative research and commitment to developing better medicines. Growth Opportunities: Employees are provided with numerous opportunities for career advancement and professional growth. Work Environment: MSN Laboratories offers a supportive and collaborative work environment with various benefits such as incentives, allowances, and subsidized facilities. How to Apply If you meet the qualifications and are interested in joining a leading pharmaceutical company, attend the walk-in drive at the specified venue. For further inquiries, contact Mani Shankar at 9154894756.