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Now, equity investment can give you benefits over and above the Section 80C limit. Make the most of this scheme

Expressing concerns over the lukewarm response to Rajiv Gandhi Equity Savings Scheme (RGESS), a Parliamentary panel on Monday asked the Finance Ministry to review the scheme and formulate alternative proposals to encourage savings.

Also Read: How to avoid RGESS fate for inflation-indexed bonds The annual survey of 60 central banks with a combined USD 6.7 trillion in reserves showed that their reserve managers were investing in markets and currencies they would not have ...

RGESS schemes the major driver, notching up Rs 242 crore in March.

The Rajiv Gandhi Equity Savings Scheme (RGESS) RGESS has been often criticised for its complexity. While the criticism is justifiable as an opinion on the design of the scheme, investors should not take it as advice on the scheme's usefulness. As it ...

The Rajiv Gandhi Equity Savings Scheme (RGESS) has started operations and there are a few details related to the tax benefit that the individual will have to take into consideration.

The Budget has sweetened the deal for the first-time stock investor who wants to avail of tax benefits under the RGESS.

Market regulator SEBI is looking at how interest of RGESS investors can be safeguarded with regard to IT relief even if fund houses return their money for failing to raise the targetted amount. Business Line, 1 month ago SEBI looking at I-T relief for RGESS investors in failed NFOs  Money Life, 1 month ago Sebi eyes relief to RGESS investors as NFOs fail  Economic Times, 1 month ago Sebi to simplify broker registration, open new offices  Jagran Post, 2 months ago

Only one of the six RGESS schemes launched by mutual funds has managed to garner the minimum AUM of Rs 10 crore.