National Pension Scheme for Traders and Self Employed Persons|| revisefast

National Pension Scheme for Traders and Self Employed Persons
•It is a pension scheme for the Vyaparis (shopkeepers/retail traders and self-employed persons) with annual turnover not exceeding Rs 1.5 crore.
•It is a voluntary and contributory pension scheme.
•The enrolment under the scheme is free of cost for the beneficiaries.
•The enrolment is based upon self-certification.
•It has a provision for minimum assured pension of Rs 3,000/- monthly on attaining the age of 60 years.
•The Central Government shall give 50 % share of the monthly contribution and remaining 50% contribution shall be made by the beneficiary.
•He/ She should be within 18 to 40 years of age group.[GSTIN is required only for those with turnover above Rs. 40 lakhs.]

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