https://www.taxtmi.com/notifications?id=116066 The Rajiv Gandhi Equity Savings Scheme provides a deduction to qualifying new retail investors for investments in specified eligible securities, subject to demat account designation, PAN submission and declaration in Form A. Investments made within a block of three consecutive financial years from the initial year qualify for deduction up to the Scheme limit per year, are subject to a three-year fixed lock-in followed by a two-year flexible lock-in with prescribed compliance-day and valuation rules, and face taxability of previously allowed deductions if Scheme conditions are contravened. en-us Wed, 18 Dec 2013 00:00:00 +0530 Wed, 19 Jun 2019 11:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=116066 The Rajiv Gandhi Equity Savings Scheme provides a deduction to qualifying new retail investors for investments in specified eligible securities, subject to demat account designation, PAN submission and declaration in Form A. Investments made within a block of three consecutive financial years from the initial year qualify for deduction up to the Scheme limit per year, are subject to a three-year fixed lock-in followed by a two-year flexible lock-in with prescribed compliance-day and valuation rules, and face taxability of previously allowed deductions if Scheme conditions are contravened. Notifications Income Tax Wed, 18 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/notifications?id=116066