RGESS to start from 9th February 2013

The Government of India is likely to start Rajiv Gandhi Equity Savings Scheme (RGESS) from 9th February 2013. The finance minister of India, P. Chidambaram will launch the scheme officially. The RGESS is aimed at attracting the investors to invest in stock markets to get exemption from income tax. Employees who have annuam income of … Read more

RGESS – Rajiv Gandhi Equity Savings Scheme Features

The Government of India has announced a new investment scheme and first of its kind in India, Rajiv Gandhi Equity Savings Scheme (RGESS). The Union Finance Minister, Pranab Mukherjee has announced the scheme in his Budget Speech 2012-13. The scheme is aimed at attracting retail investors into the stock market with sufficient safeguards. The safeguards … Read more