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of <h1>Calcutta Rescue Project Gets Three-Year Extension Under Section 35AC of Income-tax Act, Supporting Social Welfare Efforts</h1> The Central Government has extended the eligibility of the 'Calcutta Rescue' project under Section 35AC of the Income-tax Act, 1961. Initially approved for three years ending in the financial year 2014-15 at an estimated cost of 18.57 crore, the project will now continue for an additional three years, covering 2015-16 to 2017-18. This extension follows a recommendation from the National Committee for Promotion of Social and Economic Welfare, which confirmed the project's proper execution. The project is managed by an organization based in Kolkata, West Bengal.
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