Zero coupon zero principal instrument means an instrument issued by a Not for Profit Organisation (NPO) which will be registered with the social stock exchange segment of a recognised stock exchange.
The new GST rate for pre-packed, labelled food items including rice, wheat, atta, paneer, curd, jaggery, lassi, buttermilk, labelled meat (except frozen) and fish has now been fixed at 5 percent.
The Appointments Committee of the Cabinet (ACC) has also approved the appointment of Bhanu Pratap Sharma, former Chairman, BBB as the initial chairperson of FSlB for a term of two years.