
rgess.com
Rajiv Gandhi Equity Savings Scheme | A Better Way to Save Tax in IndiaRajiv Gandhi Equity Savings Scheme. A Better Way to Save Tax in India. Who can invest in RGESS? New retail investors with an annual gross income of less than Rs.10. How much can I invest? The maximum amount eligible for claiming benefit under RGESS is Rs. 50,000. Deduction under Section 80CCG of the Income-Tax Act, 1961. Is available on 50% of the amount invested. The benefit is in addition to deduction available u/s Sec 80C. To encourage the savings of the small investors in domestic capital market.
http://www.rgess.com/