Budget 2012: Proposes 50,000 tax exemption for retail investors

Finance Minister Pranab Mukherjee in his Budget speech proposed 50,000 tax exemption for retail investors. He also announced new tax exemption for retail investment with lock-in and tax exemption on individual share investment below 10 lakh.

March 16, 2012 / 11:47 IST
Story continues below Advertisement

Finance Minister Pranab Mukherjee in his Budget speech proposed 50,000 tax exemption for retail investors. He also announced new tax exemption for retail investment with lock-in and tax exemption on individual share investment below 10 lakh.

 

The FM also announced the introduction of Rajiv Gandhi Equity Scheme for retail investor.
first published: Mar 16, 2012 11:41 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!