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Can I invest in RGESS?

You can invest in Rajiv Gandhi Equity Saving Scheme (RGESS) for three successive years

I have been investing in Rajiv Gandhi Equity Saving Scheme (RGESS) since the last two years through mutual funds. Can I invest in RGESS also this year? I am in old pension scheme, how can I avail extra tax benefit through NPS scheme?
- KK Gupta

You can invest in Rajiv Gandhi Equity Saving Scheme (RGESS) for three successive years.

You can open an NPS account and start contributions if you want to claim extra tax deduction of up to ₹50,000 under Section 80CCD(1B).

This article was originally published on January 19, 2016.

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