Introduction of new scheme under Section 80CCG of Income-tax Act,1961

The Central Government hereby makes Rajiv Gandhi Equity Savings Scheme, 2013.This Scheme shall apply for claiming deduction in the computation of total income of the assessment year relevant to a previous year beginning on or after the 1st day of April, 2013 on account of investment in eligible securities under sub-section (1) of section 80CCG of the Income-tax Act, 1961.The objective of the Scheme is to encourage investment of savings of small investors in the domestic capital market.

To view the full notification,please follow the link.

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