Fatherhood is a beautiful feeling for every father of a newborn baby. But then a baby changes the whole thing, including your bank balance. While many expenses are inevitable – like medical and vaccination costs – as a new parent, you can still slice major costs with some thought, planning and creativity. Both parents have […]
Rajiv Gandhi Equity Savings Scheme
Rajiv Gandhi Equity Savings scheme – Update
After a long delay, government has clarified on this new tax saving scheme. Rajiv Gandhi Equity Savings Scheme (RGESS) is introduced to encourage small investors to channelize their savings into domestic capital markets. The scheme has been framed consequent to the introduction of Section 80-CCG in the Finance Act 2012. Under this scheme, a […]
Rajiv Gandhi Equity Savings Scheme –2012
This is a new tax-saving investment scheme introduced by our finance minister and is now approved for roll out. RGESS is a tax saving scheme meant to invest retail investor’s money into the stock markets that will allow tax breaks. This scheme is similar to ELSS . Let us take a quick insight at its […]