Govt aims high with RGESS

The recently introduced Rajiv Gandhi Equity Savings Scheme ( RGESS) – named after a popular prime minister who was assassinated in 1991 – offers Indian investors earning less than Rs 1 million ($18,600) a year a 50 per cent tax break on stock investments of up to Rs 50,000.

http://economictimes.indiatimes.com/personal-finance/savings-centre/analysis/india-courts-investors-to-boost-investment-in-local-markets/articleshow/17108169.cms

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