SEBI proposes tax benefits for companies investing in NGO bonds on India's Social Stock Exchange.

SEBI proposes tax benefits for companies investing in zero-coupon, zero-principal bonds issued by NGOs listed on India's Social Stock Exchange, aiming to encourage social sector spending and increase trust, while expanding donor bases for non-profits. SEBI's Whole Time Member Kamlesh Chandra Varshney has submitted the proposal to the finance ministry, expressing optimism for approval.

June 14, 2024
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