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Free guide · no login · checked 4 Nov 2026

PM Internship Scheme

A 12 month internship in a large company with ₹5,000 a month from government and company.

Money to start

Under ₹5,000

Time it needs

Full time

Risk

Low

Works from home

Mostly outside

Explore

What it is, who it suits, what it can pay, how soon, the upside and the risks.

The PM Internship Scheme places young people in India's large companies for 12 months of real work experience. You get a monthly assistance and a one-time grant, and the experience counts on your CV.

Who it suits

  • Youth aged 21 to 24 not in full-time study or a full-time job
  • Class 10, 12, ITI, diploma or graduate (some premier institute and professional degrees are excluded)
  • Families with income within the scheme limit

Upside

  • Fixed monthly money with no cost
  • Work in a big company
  • Insurance cover under government schemes

Risks to know

  • Placements may be in another city
  • Limited seats per round
  • It is an internship, not a job guarantee

What it can pay

₹5,000 a month for 12 months, plus a one-time grant of ₹6,000.

What drives it: The amount is fixed by the scheme. The value comes from the company name and skills you build.

Source: PM Internship Scheme, Ministry of Corporate Affairs

Time to first income

Depends on application rounds; once placed, monthly assistance starts in the first month.

Assess

Skills, money, tools, hours and registrations you need, and a five question fit check.

Skills

  • Basic communication
  • Willingness to learn

Money to start

Nothing. Applying is free.

Tools

  • Aadhaar-linked mobile
  • Bank account linked to Aadhaar

Time per week

Full time for 12 months.

Licences and registrations

Tick each one as you get it. Your ticks stay on this device.

Quick fit check

  1. 1.Are you between 21 and 24?
  2. 2.Are you not in a full-time job or full-time course?
  3. 3.Is your family income within the scheme's limit?
  4. 4.Can you relocate if the internship is in another city?
  5. 5.Do you want work experience more than quick money?

Answer all five to see how well this fits you.

Run

Your first 30 days to the first rupee: set up, price, get paid, find customers, keep records.

0 of 11 steps done

  1. Days 1 to 7

    Set up

  2. Days 8 to 10

    Price it and get ready to be paid

  3. Days 11 to 24

    Find your first customers

  4. Days 25 to 30

    Record and review

Nurture

Grow and stay compliant: tax, GST, government schemes and the help that fits.

Grow it

  • Ask the company about full-time roles before the internship ends
  • Collect a completion certificate and a reference
  • Use the experience for private or government jobs

Tax: Stipend

Return: ITR-1 (Sahaj), only if needed

  • A stipend is taxable income, but most stipends stay far below the level where tax applies.
  • If any tax was deducted, file ITR-1 to get it back.

No GST

Salary and stipend are not business supplies. No GST registration needed.

Government schemes that help

Make it official

Only what this way of earning needs. Free tools are marked; services are done by a TaxSavvy CA.

Ask a SavvyStudent and first job money mapStipend, PAN, first salary and tax basics.See how it works →Ask a SavvyOffer letter and CTC decoderWhat you will really take home.See how it works →

Questions

How much can I earn from PM Internship Scheme in India?

₹5,000 a month for 12 months, plus a one-time grant of ₹6,000. What drives it: The amount is fixed by the scheme. The value comes from the company name and skills you build.

How long until the first income?

Depends on application rounds; once placed, monthly assistance starts in the first month.

What do I need to start?

Nothing. Applying is free. Registrations: Profile on the PM Internship portal, Bank account and UPI.

Which ITR form do I file for this income?

ITR-1 (Sahaj), only if needed. A stipend is taxable income, but most stipends stay far below the level where tax applies.

Do I need GST?

Salary and stipend are not business supplies. No GST registration needed.

Which government schemes can help?

PM Internship Scheme, National Career Service, Skill India Digital. Each scheme has its own eligibility; check the official site before applying.

Sources

Read on 4 Nov 2026. Limits, rates and fees change: check the official site before you rely on them.

This guide is general information from TaxSavvy, not a promise of income. No legal way to earn is guaranteed or instant. Avoid any offer that asks you to pay to join, recruit others or bet.

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