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Tax Saver लेबल वाली पोस्ट दिखाई जा रही हैं

RGESS Scheme (80CCG) Invest or Not ?

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...

HUDCO Fixed Deposit -Benefit under 80C

Housing and Urban Development Corporation Limited Invites Deposits under Public Deposit Scheme Highlights Safe Investment High Returns Easy Liquidity Advance Interest Warrants (For HUDCO Regular Plus)  T ax benefit under Section 80C (2)(xvi)(a) of Income-tax Act, 1961. Tax Benefits – Trust deposits are specified investment under section 11(5) (ix) of Income Tax Act, 1961.No tax deduction at source from interest paid/credited up to Rs.5,000/- in a financial year. Interest compounded on quarterly basis Credit Rating 'tAA+(ind)' by FITCH and ‘CARE AA+(FD)’ by CARE Loan facility against Deposit (excluding deposits received u/s 80C) HUDCO Regular Plus- Periodic Income Scheme: You can earn interest every Qtrly/half-yearly/yearly as per the rates given below: