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<h1>Indian Institute of Packaging Gains Tax Exemption Approval Under Section 35(1)(ii) of Income-tax Act 1961</h1> The Indian Institute of Packaging in Bombay has been approved by the Secretary of the Department of Science & Technology as an institution eligible for tax exemption under section 35(1)(ii) of the Income-tax Act, 1961. This approval grants the institution certain tax benefits and is effective from April 1, 1975.