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<h1>Tax Exemption for Polio Hospital Project Extended with Increased Budget under Section 35AC of Income-tax Act</h1> The Central Government has amended a notification regarding the project 'Equipments and running of Polio Hospital at Ahmedabad, Gujarat' by a charitable trust hospital. Initially notified in 1996, the project was recognized under section 35AC of the Income-tax Act for tax exemption purposes. The project, whose estimated cost has been periodically increased from Rs. 63.15 lakh to Rs. 151.35 lakh, is now further extended with a revised cost of Rs. 3.00 crore. The National Committee for Promotion of Social and Economic Welfare recommended this enhancement, acknowledging the project's ongoing execution and potential extension beyond fifteen years.