Equity savings scheme encourages small investor participation in domestic capital markets through tax-preferential investment incentives. The primary objective of the Rajiv Gandhi Equity Savings Scheme, 2012 is to encourage savings of small investors in the domestic capital market by incentivising their participation through a tax-preferential mechanism; the objective clause was inserted by official notification clarifying the Scheme's focused purpose of mobilising household savings into listed securities.
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Equity savings scheme encourages small investor participation in domestic capital markets through tax-preferential investment incentives.
The primary objective of the Rajiv Gandhi Equity Savings Scheme, 2012 is to encourage savings of small investors in the domestic capital market by incentivising their participation through a tax-preferential mechanism; the objective clause was inserted by official notification clarifying the Scheme's focused purpose of mobilising household savings into listed securities.
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