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<h1>Clause 332: New Registration Rules for Non-Profits Seeking Tax Benefits in 2025, Validity Up to 10 Years</h1> Clause 332 of the Income Tax Bill, 2025 outlines the registration process for non-profit organizations seeking tax benefits. Eligible entities include public trusts, registered societies, certain companies, universities, and government-financed institutions. Applications must be submitted to the Principal Commissioner or Commissioner within specified timeframes, with registration validity ranging from three to ten years depending on the case. The Commissioner may condone delays if justified. The process involves verifying the organization's objectives and compliance with relevant laws. Provisional registration is available under certain conditions, and failure to apply timely may result in tax liabilities on accreted income.