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<h1>Central Government Extends Shraddha Rehabilitation Foundation Project in Mumbai Under Section 35AC for Three More Years</h1> The Central Government has extended the eligibility of the 'Shraddha Rehabilitation Foundation' project in Mumbai under Section 35AC of the Income-tax Act, 1961. Initially approved for a three-year period ending in the financial year 2013-14 with an estimated cost of 2.73 crore, the project will now continue for an additional three years, covering the financial years 2014-15, 2015-16, and 2016-17. This extension follows a recommendation from the National Committee for Promotion of Social and Economic Welfare, confirming the project's proper execution.