In terms of tax concessions were announced in the budget, Rajiv Ghandi equity scheme rules may soon change. Government is thinking to reduse the lock in period to 1 year. Currently the period is 3 years. According tochange in rules,during lock in period, investors will not get chance to trade in shares. Thomas Mathew, Joint Secretary of the Capital Markets Department, said that government can soon change the lock in period to 1 year. After n period investor can earn profit by trading in Shares between the period of 1 to 3 years. But according to Rajiv Ghandi equity scheme Income tax exemption for the BSE 100 and CNX 100 will be required [...]