Latest News on Rajiv Gandhi Equity Savings Scheme
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Rajiv Gandhi Equity Savings Scheme - Total results - 9
Jan 24, 2017
Sebi pitches for tax rationalisation in capital marketsIn its budget proposal to the Finance Ministry, Sebi has recommended reducing the securities transaction tax (STT) on stock trading, sources said
Jan 13, 2015
UPA's dud, the Rajiv Gandhi Equity Scheme, is awaiting a quiet burialThere has probably been no greater poorly designed investment scheme than the UPA's Rajiv Gandhi Equity Savings Scheme. It had no reason to exist, and given the poor response, it probably will die a quiet, unsung death now
Feb 09, 2013
Budget 2013: FM promises to make equity scheme RGESS attractiveConcerned over the reluctance of savers to park surplus funds in financial instruments, Finance
Minister P Chidambaram today said he would modify the Rajiv Gandhi Equity Savings Scheme (RGESS)
Feb 08, 2013
Chidambaram to launch equity scheme on SaturdayAs per the notification issued by Sebi on RGESS, there would be a lock-in period of one year on investments made under the scheme.
Jan 28, 2013
Fund houses rush to launch RGESS in bid to lure middle-class investorsUnder the scheme, new investors can avail of tax benefits who invest up to Rs 50,000 in the stock market and whose gross total annual income is less than or equal to Rs 10 lakh.
Jan 27, 2013
Chidu to launch RGRESS equity savings scheme on 9 FebAiming to attract first-time stock market investors, Finance Minister P Chidambaram will launch the much-awaited Rajiv Gandhi Equity Savings Scheme (RGESS) in Mumbai on 9 February.
Nov 06, 2012
Battling emus and gold, govt lures middle-class to invest in sharesFund managers, however, say it will be costly and difficult to tap into these millions of small, and often sceptical, investors, many of whom live in small towns and rural areas and don't trust big city stock markets.
Mar 26, 2012
Rajiv Gandhi Equity Savings Scheme: Fund managers give the thumbs-downIt seems that only direct equity investments in equity will be eligible for tax deductions. Mutual fund investments may not be included -- which has upset mutual fund managers.
Feb 04, 2012
Rajiv Gandhi Equity Scheme is too much pain with little gainThe Rajiv Gandhi Equity Scheme is more trouble than it is worth