Equity Linked Saving Scheme, 2005 [Notification No 226/2005]

The CBDT has vide Notification No 226/2005 dated 3rd November, 2005 notified new rules for Equity Linked Saving Schemes. On the whole, this notification is regressive & will cause more inconvenience to the investors; rather than benefit them. The key highlights of this scheme are: Investments to be of a minimum amount of Rs.500 and … Continue reading Equity Linked Saving Scheme, 2005 [Notification No 226/2005]