IIFL Nifty ETF - not qualified for Section 80CCG Tax deduction

 

IIFL Mutual Fund has decided to withdraw the IIFL Nifty ETF from benefits under Rajiv Gandhi Equity Saving Scheme, 2012.

 

As a result, IIFL Nifty ETF will not be eligible to claim deduction under Section 80CCG of Income Tax Act, 1961 with effect from May 14, 2015.

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