Eligible project approval framework governs committee functions for associations, institutions, and notified schemes under tax rules. The National Committee for Promotion of Social and Economic Welfare may approve associations and institutions for carrying out an eligible project or scheme. It may also recommend to the Central Government projects and schemes of a company, including a public sector company, a local authority, or an approved association or institution, for notification as eligible projects or schemes for the purposes of section 35AC. The rule creates a two-stage mechanism of approval and recommendation for eligible projects and schemes.