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
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
How much tax deduction will I be eligible for under RGESS?
You will be eligible to get tax deduction u/s 80CCG on 50% of the amount invested. Let us say, you invest Rs.50,000 under RGESS, the
Can I Take Tax Benefit on RGESS Every Year ?
The Scheme, as such, is designed for only the first time new investors. Since they can be ?ew?only in the first year of entering the
Can I Split RGESS Investment in Different Financial Year ?
No. Only the investment during the first financial year can be booked as investment under RGESS to claim deduction.
What is the Maximum Investment Amount Under RGESS ?
There is no maximum prescribed limit for your investments in securities market. However, RGESS benefits will be available only for investments in eligible securities upto
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