How Can I Avail Tax Benefit Under RGESS ?

The tax deduction for RGESS is u/s 80CCG and it is over and above the Rs. 1 lakh limit specified under Section 80C. Further, it...

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Can I invest more than Rs.50,000 and claim tax benefit under RGESS?

One may invest any amount in a demat account designated under RGESS, but the benefit under the Scheme can be claimed only on investment up...

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How To Invest in RGESS ?

Open a new demat account with any DP and designate it under RGESS or designate your existing demat account under RGESS through Form A. If...

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How To Add Nominee To Mutual Fund Scheme ?

The nomination can be made by individuals applying for / holding units on their own behalf singly or jointly. Non-individuals including society, trust, body corporate,...

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What is Gilt Fund ?

Funds which are invested exclusively in government securities and bond. Investor of Gilt funds have had no default risk as it is invested in Government...

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What is Balance Fund ?

Balanced funds are such funds which are invested in 40-60% in equity and debt instruments.Such funds provide both growth and regular income as such schemes...

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What is Net Asset Value (NAV) of a Mutual Fund scheme?

Net Asset Value (NAV) is the performance measure of an Mutual Fund Scheme. Mutual funds invest the money collected from the investors in securities markets...

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What is External Commercial Borrowing (ECB) ?

ECB refer to borrowings by corporate & FIs from international market. ECBs are part of India? overall external debt. ECB is permitted for import of...

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