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of <h1>Central Government Extends Tax Benefit for Mumbai Blind Association Project Under Section 35AC Until 2017</h1> The Central Government has extended the eligibility of the 'National Association for the Blind' project in Mumbai under Section 35AC of the Income-tax Act, 1961, for an additional three years, covering the financial years 2014-15 to 2016-17. Initially notified in August 2005, and subsequently extended in 2008 and 2011, the project cost has been increased from 25.50 crore to 40.50 crore. This decision follows recommendations from the National Committee for Promotion of Social and Economic Welfare, affirming the project's proper execution and the need for continued support.
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