Rajiv Gandhi Equity Savings Scheme (80-CCG)

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    THE STOCK OF THE NATION

    RAJIV GANDHI EQUITY SAVING SCHEME

    RGESS 2012

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    Eligible Securities Equity shares included in the NSE CNX-100 & BSE-100

    Equity shares of PSU categorized as Maharatna, Miniratna or Navratna

    Units ofETFs & MFs with eligible securities as underlying and provided

    they are listed and traded on a stock exchange and settled through adepository mechanism

    FPO or NFOs of above eligible securities

    IPOs of PSUs with atleast 51% government holding and 3 year annual

    turnover of more than Rs. 4000 crore

    You can refer to NSE website for complete list of eligible securities

    http://www.nsergess.com/rgess-eligible-securities.html

    Which Securities Can I Invest?

    http://www.nsergess.com/rgess-eligible-securities.htmlhttp://www.nsergess.com/rgess-eligible-securities.htmlhttp://www.nsergess.com/rgess-eligible-securities.htmlhttp://www.nsergess.com/rgess-eligible-securities.htmlhttp://www.nsergess.com/rgess-eligible-securities.htmlhttp://www.nsergess.com/rgess-eligible-securities.html
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    New Retail Investor

    Any individual who,

    has gross total income less than INR 10 lacs

    does not have a demat account and has not made any transactions in

    the derivative segment as on the date of notification of the Scheme

    has opened a demat account before the notification of the Scheme but

    has not made any transactions in the equity segment or the derivative

    segment till the date of notification of the Scheme

    who is not the first account holder of an existing joint demat accountshall be deemed to have not opened a demat account

    Who is New Retail Investor?

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    Deduction

    Criteria

    Eligibility of the individual investor for the scheme Investment in eligible securities only

    Maximum deduction of 50% of amount invested,

    subject to a maximum investment of Rs. 50000, only in

    the same financial year when the investment are made

    Deduction available only once for every individual

    Lock-in Period

    Automatic lock-in of securities during first year. No sale

    or pledge or hypothecation permitted during this period

    Flexible lock-in for next two years where the investormay sell the securities, subject to conditions as specified

    by the tax department

    RGESS Scheme Details

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    If you do not have a demat account

    You need to open a new demat account & trading account with yourpreferred stock broker

    Indicate the account as RGESS account in the account opening form

    Any securities brought in this account will be automatically considered

    for RGESS

    If you have a demat account, but have never traded

    You need to designate your existing demat account as an RGESS account

    by filling up form A as prescribed by the IT department

    Once designated for RGESS, the securities brought in this account willbe automatically considered for RGESS

    How Do I Invest in RGESS?

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    For complete details you can refer to the NSE website

    http://www.nsergess.com/

    Further Details

    http://www.nsergess.com/http://www.nsergess.com/
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    THANK YOU