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Suraksha Finance

Exemption under Section 80CCG:

25-04-2022 10:14:49

Since the announcement done as per the budget of 2012, Rajiv Gandhi Equity Savings Scheme allows investors with annual income less than INR 12 lakhs to invest a maximum of INR 50000 and avail a deduction of 50% of the investment amount. Thus, the maximum available deduction as per this would be INR 25000.