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NSE suggests ETF route for Rajiv Gandhi equity plan
Even as the exact contours of the newly-proposed Rajiv Gandhi Equity Savings Scheme (RGESS) are being worked out, another suggestion has landed in the finance ministry’s lap. The country’s largest equity bourse has made a representation to the ministry, suggesting the funds coming from the tax-saving scheme be invested in the stock market via exchange traded funds (ETFs). According to
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