SEBI has proposed tax benefits for companies investing in zero coupon zero principal (ZCZP) bonds issued by non-profits listed on the Social Stock Exchange (SSE). SEBI’s Kamlesh Chandra Varshney announced the proposal, expressing hope for government approval. The Central Board of Direct Taxes (CBDT) clarified that investors in these bonds will get tax benefits under Section 80G. This initiative aims to boost social sector funding, enhance trust, and expand the donor base for non-profits. The SSE, designed to support social enterprises, currently lists 8-9 organizations with collective fundraising near Rs 11 crore, with one set to raise Rs 14 crore.