The Securities and Exchange Board of India has proposed that the government should allow tax benefits to companies investing in zero coupon zero principal bonds issued by non-profit organisations listed on the Social Stock Exchange, to encourage spending in the social sector.The regulator has already submitted this proposal to the finance ministry and is optimistic about its approval, SEBI’s Whole Time Member Kamlesh Chandra Varshney told reporters on Friday, at an event organised by NSE on…
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SEBI Proposes CSR Tax Benefits For Zero Coupon Zero Principal Bond Investments
