Norms for RGESS to be announced this week


In yet another reform measure to deepen capital markets and attract retail investors into equities, the government is set to notify norms for the Rajiv Gandhi Equity Savings Scheme (RGESS) in the coming week. Government sources said the finance ministry will define the rules of the tax saving scheme with mutual funds likely to be given access with a set of riders.
http://www.hindustantimes.com/business-news/WorldEconomy/Norms-for-Rajiv-Gandhi-equity-scheme-this-week/Article1-930982.aspx

 

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