Non-profit Organisations Can Directly List on Social Stock Exchanges: Sebi Panel

News: Sebi-constituted panel under the chairmanship of Ishaat Hussain has submitted its recommendations on social stock exchange(SSE). Facts: Key Recommendations: Direct listing of non-profit organisations(NGO) through the issuance of bonds and a range of funding mechanisms. Tax Sops: It has recommended exemptions from securities transaction tax (STT) and capital gains tax (CGT) to ensure that… Continue reading Non-profit Organisations Can Directly List on Social Stock Exchanges: Sebi Panel

SEBI sets up panel to suggest norms for social stock exchanges

News:Securities and Exchange Board of India(SEBI) has constituted a working group on Social Stock Exchanges (SSE). Facts: In Budget 2019,Finance Minister had proposed a social stock exchange for social enterprises and voluntary organisations working for social welfare to help them raise capital through debt, equity and mutual fund. About the working group: The working group… Continue reading SEBI sets up panel to suggest norms for social stock exchanges

Budget Briefs:Government proposes creation of a social stock exchange

Finance Minister has announced the setting up of a Social Stock Exchange(SSE) under the Securities and Exchange Board of India(SEBI) for listing of organisations which work for social welfare. The minister said that the exchange would help social and voluntary organisations which work for social causes to raise capital as equity or debt or a… Continue reading Budget Briefs:Government proposes creation of a social stock exchange