Advertisements

Tag Archives: RGESS VS ELSS

Difference between RGESS and ELSS


Budget 2012 introduced RGESS ( Rajiv Gandhi Equity Saving Scheme ), a scheme which allows tax rebate/tax deduction for investment in specified equity schemes. Since there already exists another similarly structured scheme called the ELSS ( Equity Linked Saving Scheme ) under which an investor can claim tax rebate u/s 80C up to Rs. 1 Lakh, it is important to understand the differences between the two.

Continue reading →

Advertisements
%d bloggers like this: