Now that RGESS eligible mutual funds are hitting the market, what should you do with all the options that you have – which ones should you choose and which ones should you avoid ? The temptation to put in money must be huge given the fact that it is being sold as a tax savingRead More
RGESS
Rajiv Gandhi Equity Savings Scheme – Much ado about nothing
Rajiv Gandhi Equity Savings Scheme or RGESS as it is commonly called was introduced in Indian Budget 2012 by the finance minister and has now been approved for roll out. For the uninitiated, RGESS is a new tax saving scheme meant to invest retail investor’s money into the stock markets that will allow tax breaksRead More