Please Help: rajiv gandhi equity scheme
Posted Date : 06-Mar-2013 , 11:54:42 pm | Posted By: Radhey Shyam Agarwal
Category :
Income Tax | Answers :
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Comments :
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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 |
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Answers:
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 Answer by: CA Satuti Mahajan |
| yes
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| Comments |
| Posted By : CA Naveen Malik |
08-Mar-2013, 01:12:57 |
| 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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