https://www.taxtmi.com/circulars?id=67062 SEBI updates the SSE framework: NPO registration requires valid Income-tax registrations (12-month validity), disclosure of pending regulatory notices and fines, and 80G tax-deduction disclosure; social impact reporting must show past impact trends, beneficiary counts, cost per beneficiary and overheads. It establishes a public issuance procedure for Zero Coupon Zero Principal Instruments-draft filing, 21-day public comment, exchange observations within 30 days, and final filing-and mandates material disclosures. ZCZP must be dematerialized, non-transferable till maturity, have minimum issue Rs.50 lakhs, minimum application Rs.10,000, and minimum 75% subscription with refund below 75%; SSE to maintain allotment records and specify further issue norms. en-us Thu, 28 Dec 2023 00:00:00 +0530 Fri, 13 Feb 2026 10:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=67062 SEBI updates the SSE framework: NPO registration requires valid Income-tax registrations (12-month validity), disclosure of pending regulatory notices and fines, and 80G tax-deduction disclosure; social impact reporting must show past impact trends, beneficiary counts, cost per beneficiary and overheads. It establishes a public issuance procedure for Zero Coupon Zero Principal Instruments-draft filing, 21-day public comment, exchange observations within 30 days, and final filing-and mandates material disclosures. ZCZP must be dematerialized, non-transferable till maturity, have minimum issue Rs.50 lakhs, minimum application Rs.10,000, and minimum 75% subscription with refund below 75%; SSE to maintain allotment records and specify further issue norms. Circulars SEBI Thu, 28 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67062