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About 36 results for "rgess"

About 30% of RGESS scheme accounts remain empty
Business Standard

About 30% of RGESS scheme accounts remain empty

Nearly one-third of the demat accounts opened under the Rajiv Gandhi Equity Savings Schemes (RGESS) are empty or have not seen any investments in the third year of the scheme's existence. As per depository data from NSDL, there were about 18,445 ... Smart Investor, 2 weeks ago

Union Budget 2015: Replace RGESS with a better alternative: LIC Nomura MF

Union budget should allow retirement funds of AMCs to be covered under section 80C of the Income Tax act. There is a need to introduce a better scheme to attract first time investors. And more important is extant limit of Rs 1.5 lakh under section 80C should ...
 Money Control1 month ago MF should get tax benefit under Sec 80CCD: Sundaram MF  Money Control1 month ago Union Budget 2015: MF should get tax benefit under Sec 80CCD: Sundaram MF  Money Control1 month ago

Annual Limit in RGESS is Rs 50,000

The Rajiv Gandhi Equity Savings Scheme grants tax exemptions for 50% of the amount invested for three consecutive financial years By Research Desk | Feb 11, 2015 Can I invest R 50000 every year in Rajiv Gandhi Equity Savings Scheme to claim the R 25000 tax ...
 Value Research Online2 months ago Rajiv gandhi equity savings scheme  CAclubindia1 month ago

Equity NAVs decline as Sensex falls on profit booking

E The sector funds performance were also in line with markets breadth The 30-share BSE Sensex lost 223.94 points to 28442.10. The 50-share NSE Nifty saw an intraday low of 8596.70, down 100.70 points or 1.16 percent to close at 8606. Check out ...
 Moneycontrol.com3 days ago Mutual Funds plunge as Sensex tanks 427 points  Moneycontrol.com1 month ago

One year old close-ended schemes offer mixed returns

It's been one-and-a-half years since the wave of close-end equity schemes started in late 2013. Several players rode the wave well till recently and sector witnessed not less than 70 new launches since then. Despite being heavily criticised by ...
 Business Standard India5 days ago
Rediff.com

ELSS best bet to save taxes via equities

The start of a new financial year is the best time to start planning for investments that reduce the total taxes you pay at the end of the year, that is in next March. By starting early, you can have a full year to execute the plan that will also be ...
 Times of India1 week ago 6 best ways to save tax  Rediff.com2 months ago

HDFC Focused Equity Fund - Plan B Floats On

HDFC Mutual Fund has launched a new plan named as HDFC Focused Equity Fund - Plan B, a close ended equity scheme investing in eligible securities as per Rajiv Gandhi Equity Savings Scheme. The face value of the new issue will be Rs 10 per unit. The ...
 HDFC Securities3 weeks ago HDFC MF launches HDFC Focused Equity Fund - Plan B  Moneycontrol.com3 weeks ago

Equity NAVs decline as markets end lower on late sell-off

E Among the sector space except Pharma & Healthcare funds, all the other categories ended low amid volatile market. The 30-share BSE Sensex declined 152.45 points to 28469.67 and the 50-share NSE Nifty slipped 51.25 points to 8634.65. The broader ...
 Moneycontrol.com1 month ago Mutual Funds gain as markets end higher ahead of Fed meet  Moneycontrol.com1 month ago

Long- & short-term capital gains tax decoded

A capital gain is a profit that results from disposing of a capital asset, such as stock, bond or real estate, where the amount realised from the sale exceeds the purchase price. Conversely, a capital loss arises if the proceeds from the sale of a ...
 Financial Express1 month ago
Rediff.com

Invest in stock markets the SARAL way

With Sebi allowing a combined demat and trading account and simplified address proof, retail investors will find the process more convenient First-time investors who want to trade in equity markets will now be able to do so more easily. Soon, they will be able to open a demat and trading account by filling a simplified one-page account opening form (AOF) called ‘SARAL AOF’. “It has been done with a view to facilitating the entry of new investors and encourage them to ...
 Rediff.com1 month ago A SARAL way to invest in stock markets  Smart Investor1 month ago
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