Tax recognition of Core Settlement Guarantee Fund as exempt under section 10(23EE) for assessment years going forward. The Central Government notifies that the Core Settlement Guarantee Fund set up by National Securities Clearing Corporation Limited (NSCCL), Mumbai, is recognised for the purposes of clause (23EE) of section 10 of the Income-tax Act, 1961; the notification applies from the assessment year 2016-17 and for subsequent assessment years.