{"id":86556,"date":"2020-06-03T19:47:30","date_gmt":"2020-06-03T14:17:30","guid":{"rendered":"https:\/\/factly.forumias.com\/?p=15762"},"modified":"2020-06-03T19:47:30","modified_gmt":"2020-06-03T14:17:30","slug":"non-profit-organisations-can-directly-list-on-social-stock-exchanges-sebi-panel","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/non-profit-organisations-can-directly-list-on-social-stock-exchanges-sebi-panel\/","title":{"rendered":"Non-profit Organisations Can Directly List on Social Stock Exchanges: Sebi Panel"},"content":{"rendered":"\n<p><strong>News: <\/strong>Sebi-constituted panel under the chairmanship of Ishaat Hussain has submitted its recommendations on social stock exchange(SSE).<\/p>\n\n\n\n<p><strong>Facts:<\/strong><\/p>\n\n\n\n<p><strong>Key Recommendations:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Direct listing<\/strong> of non-profit organisations(NGO) through the issuance of bonds and a range of funding mechanisms.<\/li><li><strong>Tax Sops: <\/strong>It has recommended exemptions from securities transaction tax (STT) and capital gains tax (CGT) to ensure that social stock exchanges(SSEs) take off in the country.<\/li><li><strong>Philanthropic donors and first time Retail investors <\/strong>should be eligible to claim 100% tax exemption.<\/li><li><strong>Funding<\/strong> to non-profit organisations(NPOs) on SSEs to be considered as corporate social responsibility(CSR) spends.<\/li><li><strong>Trading of CSR spends <\/strong>between companies with excess CSR spends and those with deficient CSR spends on SSEs.<\/li><li><strong>Reporting <\/strong>and disclosure framework to ensure transparency.<\/li><\/ul>\n\n\n\n<p><strong>Additional Facts:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Social Stock Exchange(SSE): <\/strong>It is a platform that allows investors to invest in select social enterprises or social initiatives.<\/li><li><strong>Aim: <\/strong>To<strong> <\/strong>help social and voluntary organisations which work for social causes to raise capital as equity or debt or a unit of mutual fund.<\/li><li><strong>Global Examples: <\/strong>SSE exists in countries such as Singapore,UK among others. These countries allow firms operating in sectors such as health, environment and transportation to raise risk capital.<\/li><li><strong>Social Enterprise: <\/strong>It<strong> <\/strong>is a revenue-generating business whose primary objective is to achieve a social objective such as providing healthcare or clean energy.<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>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&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/non-profit-organisations-can-directly-list-on-social-stock-exchanges-sebi-panel\/\">Continue reading <span class=\"screen-reader-text\">Non-profit Organisations Can Directly List on Social Stock Exchanges: Sebi Panel<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3127,2122],"tags":[3199,3658],"class_list":["post-86556","post","type-post","status-publish","format-standard","hentry","category-economy","category-miscellaneous","tag-sebi","tag-social-stock-exchange","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704709532},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86556","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=86556"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86556\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=86556"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=86556"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=86556"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}