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    <title>Government Approves KIMS Foundation as Scientific Research Institution, Granting Tax Benefits Under Section 35(1)(ii)</title>
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    <description>The Central Government, exercising powers under Section 35(1)(ii) of the Income-tax Act, 1961, approves KIMS Foundation and Research Centre, Hyderabad as an &quot;Other Institution&quot; under the &quot;University, College or Other Institution&quot; category for Scientific Research. The notification applies retrospectively from the Previous Year 2025-26, covering Assessment Years 2026-27 to 2030-31, with no adverse impact on any party. The approval enables tax benefits for scientific research activities conducted by the institution.</description>
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    <pubDate>Sat, 19 Apr 2025 20:01:03 +0530</pubDate>
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      <description>The Central Government, exercising powers under Section 35(1)(ii) of the Income-tax Act, 1961, approves KIMS Foundation and Research Centre, Hyderabad as an &quot;Other Institution&quot; under the &quot;University, College or Other Institution&quot; category for Scientific Research. The notification applies retrospectively from the Previous Year 2025-26, covering Assessment Years 2026-27 to 2030-31, with no adverse impact on any party. The approval enables tax benefits for scientific research activities conducted by the institution.</description>
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