Auroville Foundation approved for social/statistical research - tax exemption for 5 years from 2025-26.

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....The Central Government approved Auroville Foundation as an 'Other Institution' for research in social science or statistical research u/s 35(1)(iii) of the Income Tax Act, 1961, read with Rules 5C and 5E of the Income Tax Rules, 1962. This notification is effective from the previous year 2024-25, applicable for assessment years 2025-26 to 2029-30. The explanatory memorandum certifies that granting retrospective effect does not adversely affect any person.....