Rajiv Gandhi Equity Savings Scheme Launched.

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..... Rajiv Gandhi Equity Savings Scheme Launched. - News and Press Release Dated:- 16-3-2012 - News - Press Information Bureau Government of India Ministry of Finance 16-March-2012 14:09 IST .....

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..... Rajiv Gandhi Equity Savings Scheme Launched A new scheme called Rajiv Gandhi Equity Savings scheme is proposed in the Union Budget 2012-13 to encourage flow of saving in financial instruments .....

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..... and improve the depths of domestic capital market. The Union Finance Minister ShriPranab Mukherjee in his Budget speech in LokSabha today said that the scheme allows for income tax deduction of 50 p .....

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..... er cent to new retail investors, who invest up to Rs 50,000 directly in equities and whose annual income is below Rs 10 lakhs. The scheme will have lock-in period of three years. The details will be a .....

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..... nnounced in due course. *** DSM/RC/SKS/13 - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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