Rajiv Gandhi Equity Saving Scheme (RGESS), is a tax saving scheme announced in the Union Budget 2012-13 (para 35) and expanded in the subsequent budget 2013-14 (vide para 61 & 144), designed exclusively for the first time retail / individual investors in securities market, who invest up to Rs. 50,000 in a year and whose annual income is below Rs. 12 lakh. The investor would get a 50% deduction of the amount invested from the taxable income for that year. This benefit is available for the first three consecutive years for the new investor.
For more details, please see
| Title | Details | Published Date |
|---|---|---|
| Frequently asked questions on RGESS | Download(519 KB)  | 5th February 2014 |
| The Notification issued by Department of Revenue | Download(149 KB | 18th December 2013 |
| SEBI Operational Guidelines | View | 6th December 2012 |
| SEBI circular on Mutual Funds | View | 6th February 2013 |
| Section 80CCG of the Income Tax Act 1961, as inserted through the Finance Act 2012 | Download(59 KB) | 6th December 2012 |
| Amendments to Section 80CCG of the Income Tax Act 1961, through the Finance Act 2013 | Download(56 KB) | 17th March 2016 |
For more details see the Websites of SEBI, NSE, BSE, CDSL and NSDL
| Title | Details | Published Date |
|---|---|---|
| Frequently asked questions on RGESS | Download(822 KB) | 31st January 2013 |
| The Notification issued by Department of Revenue | Download(129 KB) | 23rd November 2012 |
