80CCG

RGESS – Save Taxes up to Rs 25000

RGESS - Save Taxes upto Rs 25000

Rajiv Gandhi Equity Savings Scheme, 2012 (RGESS) was introduced in Budget 2012-13 as a new tax saving investment by investing in eligible stocks and mutual funds through Demat account. RGESS would offer tax benefit under the Income Tax Act, 1961 under section 80CCG. (Read more here) RGESS Eligibility: ‘New Retail Investors’ who invest maximum of Rs 50,000 in ‘Eligible Securities’

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16 Personal Finance Changes in Budget 2013

Union Budget 2013

Every budget changes lots of things in the personal finance space. Here is a list of 16 things that has changed for you. 1. Income Tax Slabs for FY 2013-14 The income tax slabs have largely remained unchanged for individuals. There are two major changes. People with income less than Rs. 5 Lakhs have to

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