Extension of Tenure under section 35AC: central government renews membership of National Committee for Promotion of Social and Economic Welfare. The Central Government, exercising its powers under the Income tax Act and corresponding Income Tax Rules, extends the tenure of the Chairman and members of the National Committee for Promotion of Social and Economic Welfare for a further six months by notification dated 17th April, 2018; the notification records that fourteen persons had been appointed earlier and that their term ended on 30th March, 2018, and it enumerates the Chairman and thirteen members by name and designation.