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 Main Features of Income Tax rates of FY 2014-15


 Main Features of Income Tax rates of FY 2012-13 (Part -1)


 Main Features of Income Tax rates of FY 2012-13 (Part -2)


 Main Features of Income Tax rates of FY 2012-13 (Part -3)


 Main Features of Income Tax rates of FY 2012-13 (Part -4)


 Rajiv Gandhi Equity Saving Scheme


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Rajiv Gandhi Equity Saving Scheme

Silent features of RGESS

  • The investment under Government notified RGESS.
  • It is an opportunity for wealth growth and tax benefits.
  • Tax Benefits available for new retail investors for investments upto Rs. 50000 under Sec 80 CCG of the IT Act,1961
  • It is a close-ended passive index fund tracking S&P CNX Nifty Index with tenure of 3 years from the date of allotment.
  • No Upper limit for investment
  • Investment in equity shares of S & P CNX Nifty Index Companies
  • This Scheme offers Retail & Direct Plan with Dividend payout & growth option under respective plans.

    Schemes in market

    UTI-RGESS (UTI Rajiv Gandhi Equity Saving Scheme)

    The investment amount eligible for the purpose of deduction under UTI-RGESS as per the section 80 CCG of the Income Tax Act, 1961 is limited to Rs. 50000.00. The benefit is available to the ‘New Retail Investors’ whose gross total annual income is less than or equal to Rs.10 Lakhs and having a Demat account which satisfies the conditions detailed in the notification dated 23rd Nov 2012 of Ministry of Finance, Govt. of India. For example, If a person invests Rs 50000 the amount eligible for exemption from taxable income would be Rs 25000.00. Also, if a person invests more than Rs 50000.00, even then the amount eligible for exemption from taxable income would be limited to Rs 25000.00.



  • @ All the Income tax slabs details are collected from different information sources. There may be some difference in actual Tax calculation.

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