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Q. > Please Help: rajiv gandhi equity scheme
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102 views • Question added Mar 06, 2013 • Income Tax • By Radhey Shyam Agarwal , CA , Ranchi


what is an opinion in respect of rajiv gandhi ,where tax slab is 10% , whether it would be beneficial considering locking period and expected return

1 Answers

answered Mar 08, 2013 by CA Satuti Mahajan , batala

yes


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CA Naveen Malik

08-Mar-2013 , 01:12:57 am

benefits: maximum investment allowed is rs. 50,000 and ded.would be 50% of amount invested. lock in period: 3 years investment must be in listed equity shares/mutual funds investor must be a retail investor i.e. must not have demat account or if have demat account then must not have made any transaction. additional ded. in 80 ccg so must be pursued as will teach you where and how to invest

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