https://www.taxtmi.com/news?id=4841 Policy measures incentivise household savings into financial instruments. The Rajiv Gandhi Equity Savings Scheme is liberalised to permit first-time investors to invest in mutual funds and listed shares across three successive years and raises the individual income eligibility threshold. A measure grants an additional deduction for interest on first-home loans within the announced loan and period limits to promote home ownership. The government, consulting the central bank, proposes inflation-indexed bonds or certificates to protect savings from inflation, with detailed structures to be announced. en-us Thu, 28 Feb 2013 13:57:05 +0530 Thu, 28 Feb 2013 13:57:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=4841 Policy measures incentivise household savings into financial instruments. The Rajiv Gandhi Equity Savings Scheme is liberalised to permit first-time investors to invest in mutual funds and listed shares across three successive years and raises the individual income eligibility threshold. A measure grants an additional deduction for interest on first-home loans within the announced loan and period limits to promote home ownership. The government, consulting the central bank, proposes inflation-indexed bonds or certificates to protect savings from inflation, with detailed structures to be announced. News - Thu, 28 Feb 2013 13:57:05 +0530 https://www.taxtmi.com/news?id=4841