Rajiv Gandhi Equity Savings Scheme eligibility defines eligible securities and qualifying new retail investors for deduction entitlement Defines operative terms for deductions under the Rajiv Gandhi Equity Savings Scheme. Eligible securities are specified listed equity shares, certain public sector undertaking shares, units of qualifying ETFs or mutual funds (listed and depository-settled), follow-on public offers, new fund offers and specified IPOs. The Scheme requires listed status and depository settlement. It also defines a new retail investor (resident individual lacking prior demat transactions in prescribed segments) and the initial year for designation and qualifying investment, and incorporates standard terms such as demat account, depository participant, investment, Form and financial year.
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Rajiv Gandhi Equity Savings Scheme eligibility defines eligible securities and qualifying new retail investors for deduction entitlement
Defines operative terms for deductions under the Rajiv Gandhi Equity Savings Scheme. Eligible securities are specified listed equity shares, certain public sector undertaking shares, units of qualifying ETFs or mutual funds (listed and depository-settled), follow-on public offers, new fund offers and specified IPOs. The Scheme requires listed status and depository settlement. It also defines a new retail investor (resident individual lacking prior demat transactions in prescribed segments) and the initial year for designation and qualifying investment, and incorporates standard terms such as demat account, depository participant, investment, Form and financial year.
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