{"id":3574,"date":"2013-01-28T09:45:31","date_gmt":"2013-01-28T04:15:31","guid":{"rendered":"http:\/\/www.apnaplan.com\/?p=3574"},"modified":"2017-04-01T22:12:30","modified_gmt":"2017-04-01T16:42:30","slug":"4-steps-to-invest-in-rajiv-gandhi-equity-saving-scheme-rgess-under-80ccg","status":"publish","type":"post","link":"https:\/\/www.apnaplan.com\/4-steps-to-invest-in-rajiv-gandhi-equity-saving-scheme-rgess-under-80ccg\/","title":{"rendered":"4 Steps to invest in Rajiv Gandhi Equity Saving Scheme (RGESS) under 80CCG"},"content":{"rendered":"

I had already written about the Rajiv Gandhi Equity Saving Scheme (RGESS) in details<\/a> and also listed down the stocks and Exchange Traded Funds (ETFs)<\/a> eligible for investment. But I got many questions regarding how one can invest in RGESS. This confusion is understandable because many have not yet dealt with stock market or demat account.<\/p>\n

Here are steps for investing in RGESS:<\/h3>\n

Step 1:<\/strong> Open a Demat Account with any broker like Reliance Money, Sharekhan or with banks like ICICI Direct, HDFC etc. The post on \u201cWhich is the best Demat account in India<\/a>\u201d might be useful for investors looking for demat account.<\/p>\n

Step 2:<\/strong> Designate the demat account as RGESS account. If you are opening a new account you can tell the broker\/ bank to do it. In case you want to convert an existing demat account to RGESS account, you need to submit Form A to the Demat company. (Download Form A here<\/a>)<\/p>\n

Step 3:<\/strong> Buy the eligible stocks or Exchange Traded Funds (ETFs) through this demat account. This can be done through one transaction or multiple transactions throughout the year. The maximum amount you can get tax benefit is Rs. 50,000.<\/p>\n

Step 4:<\/strong> Submit Proof: In case you are salaried you can give the demat account statement copy as proof to your employer. In case you did not show it to your employer or are self-employed you can directly claim tax benefits while filing the income tax return.<\/p>\n

\"4
4 Steps to invest in Rajiv Gandhi Equity Saving Scheme (RGESS)<\/strong><\/figcaption><\/figure>\n

By following the above four steps you can easily invest in RGESS and claim tax benefit.<\/p>\n

Here is an advertisement from NSDL for\u00a0Rajiv Gandhi Equity Saving Scheme (RGESS)<\/strong><\/p>\n

\"RGESS
RGESS – Rajiv Gandhi Equity Saving Scheme<\/strong><\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"

I had already written about the Rajiv Gandhi Equity Saving Scheme (RGESS) in details and also listed down the stocks and Exchange Traded Funds (ETFs) eligible for investment. But I got many questions regarding how one can invest in RGESS. This confusion is understandable because many have not yet dealt with stock market or demat […]<\/p>\n","protected":false},"author":1,"featured_media":4817,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[10,1941,4,501,3],"tags":[1768,1942,1943],"uagb_featured_image_src":{"full":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2012\/03\/RGESS-Rajiv-Gandhi-Equity-Savings-Scheme.png",678,455,false],"thumbnail":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2012\/03\/RGESS-Rajiv-Gandhi-Equity-Savings-Scheme-150x150.png",150,150,true],"medium":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2012\/03\/RGESS-Rajiv-Gandhi-Equity-Savings-Scheme-300x201.png",300,201,true],"medium_large":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2012\/03\/RGESS-Rajiv-Gandhi-Equity-Savings-Scheme.png",678,455,false],"large":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2012\/03\/RGESS-Rajiv-Gandhi-Equity-Savings-Scheme.png",678,455,false],"1536x1536":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2012\/03\/RGESS-Rajiv-Gandhi-Equity-Savings-Scheme.png",678,455,false],"2048x2048":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2012\/03\/RGESS-Rajiv-Gandhi-Equity-Savings-Scheme.png",678,455,false],"yarpp-thumbnail":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2012\/03\/RGESS-Rajiv-Gandhi-Equity-Savings-Scheme.png",120,81,false]},"uagb_author_info":{"display_name":"Amit","author_link":"https:\/\/www.apnaplan.com\/author\/admin\/"},"uagb_comment_info":32,"uagb_excerpt":"I had already written about the Rajiv Gandhi Equity Saving Scheme (RGESS) in details and also listed down the stocks and Exchange Traded Funds (ETFs) eligible for investment. But I got many questions regarding how one can invest in RGESS. This confusion is understandable because many have not yet dealt with stock market or demat…","_links":{"self":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts\/3574"}],"collection":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/comments?post=3574"}],"version-history":[{"count":0,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts\/3574\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/media\/4817"}],"wp:attachment":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/media?parent=3574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/categories?post=3574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/tags?post=3574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}