We address the long-standing mystery of the nonmagnetic insulating state of
the intermediate valence compound SmB. Within a combination of the local
density approximation (LDA) and an exact diagonalization (ED) of an effective
discrete Anderson impurity model, the intermediate valence ground state with
the -shell occupation is found for the Sm atom
in SmB. This ground state is a singlet, and the first excited triplet state
meV higher in the energy. SmB is a narrow band insulator already
in LDA, with the direct band gap of meV. The electron correlations
increase the band gap which now becomes indirect. Thus, the many-body effects
are relevant to form the indirect band gap, crucial for the idea of
topological Kondo insulator" in SmB$_6$. Also, an actinide analog PuB$_6$ is considered, and the intermediate valence singlet ground state is found for the Pu atom. We propose that [Sm,Pu]B$_6$ belong to a new class of the intermediate valence materials with the multi-orbital Kondo-like" singlet ground-state.
Crucial role of complex spin-orbital - multiplet structure
differently hybridized with ligand states in such Racah materials is discussed.

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