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of <h1>Integrated Rural Development Programme's Section 35AC Tax Benefits Extended for Three More Years, Supporting Key Rural Projects</h1> The Central Government has extended the eligibility of the Integrated Rural Development Programme (Twenty Projects) under section 35AC of the Income-tax Act, 1961, for an additional three years starting from the assessment year 1996-97. Initially specified in 1992, this program includes projects such as rural road construction, low-cost housing, health sub-centres, rainwater harvesting, and educational initiatives, among others. The National Committee confirmed the proper execution of these projects and recommended the extension. The projects are managed by a charitable trust and have an estimated cost of Rs. 6,69,25,500, excluding government grants.
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