Rajiv Gandhi Equity Saving Scheme

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  The Union Budget 2013-14 has proposed to liberalise the Rajiv Gandhi Equity Savings Scheme (RGESS) to enable first time investors to park funds in Mutual Funds (MFs) and listed shares and extended tax benefits to three successive years. Also, the limit for investors wanting to invest in RGESS has been raised to Rs 12 lakh from Rs 10 lakh … [Read more...]