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of <h1>Central Power Research Institute in Bengaluru approved as 'Research Association' under Income-tax Act, Section 35, for tax benefits.</h1> The Central Government has approved the Central Power Research Institute (CPRI) in Bengaluru as a 'Research Association' for 'Scientific Research' under section 35 of the Income-tax Act, 1961. This approval is for the purpose of tax benefits related to scientific research and applies from the publication date in the Official Gazette, covering the assessment years 2025-2026 to 2029-2030. The notification ensures that no individual is adversely affected by its retrospective application.
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