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of <h1>Central Government Extends SNS Foundation's Project Eligibility Under Section 35AC for Three More Years; Cost Remains Unchanged.</h1> The Central Government, under Section 35AC of the Income Tax Act, 1961, has extended the eligibility of a project by SNS Foundation, focusing on welfare programs in health, education, and environment, for an additional three years starting from the financial year 2010-11. Initially notified in 2004, the project had its estimated cost increased from Rs. 810 lakh to Rs. 16.5 crore over time. The National Committee for Promotion of Social and Economic Welfare has confirmed the project's proper execution, leading to this extension without altering the approved cost.
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