News & Announcements

Special Announcement

CREAM is proud and thrilled to announce that we are officially recognised by the Ministry of Finance (MoF) as Approved Research Institute under Section 34(B) of the Income Tax Act 1967.
With this status, any person/company that makes a contribution/payment to CREAM is eligible for a double tax deduction. Double tax deduction is applicable for the following expenditure.
  • Cash contribution for research activities
  • Payment for the use of research services