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of <h1>Govt Extends Tax Eligibility for Yuva Parivartan Project in Mumbai for 3 More Years Under Income-tax Act 1961</h1> The Central Government, under the Income-tax Act, 1961, has extended the eligibility of the 'Yuva Parivartan-Second Chance School of Business for less Educated Deprived youth,' managed by a social welfare organization in Mumbai, as an eligible project. Initially approved in 2009 for a cost of 9.75 crore and extended in 2013, the project will continue for an additional three years from the financial year 2015-16 to 2017-18. This decision follows a recommendation by the National Committee for Promotion of Social and Economic Welfare, confirming the project's proper execution and ongoing requirement.
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