: The Finance Ministry has announced that donations made to the Centrally-sponsored JIPMER here by approved organisations for research projects will be exempted from income tax.
In a press release here today, JIPMER Director S C Parija said donations to the institute would be exempt from income tax as a necessary notification had been issued by the Union Finance Ministry. This would be effective from the assessment year 2016-17.
The JIPMER Director said this would enable corporate houses to allocate funds under the "corporate social responsibility" (CSR) scheme to the institute for research work.
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