Categories: Legally Speaking

Social Stock Exchanges: How far effective in promoting the social sector?

The Supreme Court, while hearing a petition in September 2016, mandated the government to audit and keep a check on the use of public funds, by NPOs. These entities, based on their nature, are required to be registered under law to obtain specific tax incentives, under Section 12A and 80G of the Income Tax Act, 1961.

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