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of <h1>Government Extends Tax Benefit for Mumbai Sanitation Project Under Section 35AC for Three More Years</h1> The Central Government has extended the eligibility of the 'Expansion of existing Sanitation, Irrigation and Health Projects Training Centre' by a Mumbai-based organization under Section 35AC of the Income-tax Act, 1961. Initially approved for a three-year period ending in the financial year 2014-15 with an estimated cost of 16.66 crore, the project will continue for an additional three years, covering 2015-16, 2016-17, and 2017-18. This extension follows a recommendation from the National Committee for Promotion of Social and Economic Welfare, affirming the project's proper execution.
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