Rajiv Gandhi Equity Scheme

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....ajiv Gandhi Equity Scheme <br>News and Press Release<br>Dated:- 6-12-2014<br><BR>Rajiv Gandhi Equity Savings Scheme was notified on 23rd November, 2012 under Section 80 CCG of Income Tax Act, 1961. Th....

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....e Scheme is designed exclusively for the first time retail individual investors in securities market, who invest upto &#8377; 50,000 in a year. The investor would get a 50% deduction of the amount inv....

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....ested from the taxable income for that year to the extent that such deduction does not exceed twenty-five thousand rupees. The scope of the scheme was enlarged by increasing the income ceiling of the....

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.... beneficiaries to &#8377; 12 lakh in the year 2013-14 from &#8377; 10 lakh in 2012-13 and by allowing deduction under the scheme for three consecutive assessment years. This information was given by ....

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....the Union Minister of Finance, Shri Arun Jaitley in written reply to a question in Lok Sabha.<BR> News - Press release - PIB....