Corporate Social Responsibility through zero coupon zero principal instruments is permitted with expenditure cap, project duration limits, and compliance transfer rules.

Corporate Social Responsibility activities may be implemented through a zero coupon zero principal instrument, subject to a ceiling of ten per cent of the company's total CSR expenditure. The subscribing company is exempted from impact assessment for any project funded through the instrument. The issuing not-for-profit organisation must complete the project within three succeeding financial years, transfer any unspent amount to a Schedule VII fund on termination of listing, and submit a compliance report.

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