NPS for Traders and Self Employed Persons: Modi (PM Modi) government is running various schemes for every category. The government had started the scheme of giving pension to the traders of the country. The scheme was earlier named PM Laghu Vyapari Maan-Dhan Yojana scheme, which has now been changed to NPS for Traders and Self Employed Persons (NPS). Under this scheme, the applicant gets pension after 60 years. The special thing is that if both husband and wife are eligible for this scheme then after 60 years they will get jointly six thousand rupees, that is, 72 thousand rupees will be received as pension for the year.
Benefits of the scheme
Under this scheme, if a person invests around Rs 100 per month at the age of 30 years. That is, it will contribute Rs 1,200 in a year and Rs 36 thousand in the entire tenor. After that, after the age of 60, he will get a pension of 36 thousand rupees annually. If the pension is unaccounted for with the account holder, his spouse will get Rs 1,500 per month.
How much can i invest
The monthly installment in the NPS scheme is between Rs 55 and 200, depending on the age. Let me tell you that till date about 40 thousand people have joined this scheme. Let us know that the customers of EPF / NPS / ESIC will not get the benefit. Also, if you collect income tax then you cannot join the scheme.
What to apply
To apply under the NPS scheme, Aadhaar Card and Saving Account or Jandhan Account should be. The age of the applicant should be between 18 years to 40 years. Annual income should be less than 1.5 crores. To apply for these schemes, you have to take a document to CSC (Common Service Center).