Every alternate year govt. announced new scheme for Tax Saving Purpose. This Year Launched New Scheme RGESS (80CCG). And close good Scheme Tax Saving Infrastructure Bond (80CCF). Rajiv Gandhi Equity Saving Scheme (RGESS) is a new equity tax advantage saving scheme introduced for the first time equity investors in India. This scheme was announced in the 2012-13 budget by the Finance Minister of India. RGESS - Highlights If your Taxable Income below 10 lakhs Your are first time investor in Equity ( Share Market). Lock in Period 3 years for your investment. Investment Limit 50000. You may save 50% of the total amount you invested. (If you invest 50000 then you can deduct 25000 in your Gross Income) Is it good to Invest in this Scheme ? Check below point before investing & decide yourself is it good for you. You opted this Scheme you take benefit this year only. Next year you are not First time Investo r. Are you Interested to Inve...