Eligible project designation expanded: increased sanctioned project cost and allocation enable larger Income-tax Act deduction. The Central Government specifies the expansion of Jindal Pre University College to Jindal Rural College as an eligible project and, on recommendation of the National Committee for Promotion of Social and Economic Welfare, amends the original notification to increase the maximum project cost allowable for deduction and to set out its allocation between non-recurring expenditure, recurring expenditure and a corpus fund.