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of <h1>Sri Venkateswara Pranadana Trust project eligibility extended under Section 35AC for three more years with Rs. 78 crore budget.</h1> The Central Government has extended the eligibility of the Sri Venkateswara Pranadana Trust project under Section 35AC of the Income-tax Act, 1961. Initially notified for three years beginning in the 2007-2008 financial year, the project is now approved for an additional three years, covering 2010-2011 to 2012-2013. The project, carried out by the Sri Venkateswara Pranadana Trust in Tirupati, Andhra Pradesh, retains its approved cost of Rs. 78.00 crore. This extension follows a recommendation from the National Committee for Promotion of Social and Economic Welfare, confirming the project's proper execution.
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