Tax exemption for specified rural welfare project extended and approved project cost increased under Section 35AC. Specification under Section 35AC designates the maintenance scheme of Shri Sathya Sai Gramin Jagriti Seva Sadan-a multi-dimensional rural welfare project including health care, education, sports, spiritual activities and vocational training-as an eligible project for tax exemption, and the Central Government extends the project's eligibility for an additional three assessment years while increasing the approved project cost following the National Committee's recommendation.