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of <h1>SNS Foundation's Welfare Programs in Health, Education, Environment Recognized Under Section 35AC; Project Cost Raised to Rs. 16.50 Crore.</h1> The Central Government has recognized the 'Welfare programmes in the field of Health, education, environment etc.' by SNS Foundation in New Delhi as an eligible project under Section 35AC of the Income-tax Act, 1961. Initially notified in 2004 and extended in 2007, the project's estimated cost was increased from Rs. 810 lakh to Rs. 1000 lakh. The project is expected to exceed six years, and the National Committee for Promotion of Social and Economic Welfare has recommended raising the project cost to Rs. 16.50 crore. The notification amends the previous cost limit to reflect this new amount.
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