Rajiv Gandhi Equity Savings Scheme (RGESS), is a tax saving scheme announced in the Union Budget 2012-13 (para 35). The scheme is designed exclusively for the first time retail individual investors in securities market, whose gross total income for the year is less than or equal to Rs. 10 lakh.

1. RGESS Equity Saving Scheme – RR Investors
Rajiv Gandhi Equity Savings Scheme (RGESS), is a tax saving scheme announced in the Union Budget
2012-13 (para 35). The scheme is designed exclusively for the first time retail individual investors in
securities market, whose gross total income for the year is less than or equal to Rs. 10 lakh. The investor
would get under Section 80 CCG of the Income Tax Act, a 50% deduction of the amount so invested,
upto a maximum investment of Rs. 50,000, from his/her taxable income for that year.

2. Read full RGESS FAQs here visit: - http://www.rrfinance.com/PDF_Files/Faqs_2013-0024-Policy-FAQson-RGESS.pdf
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