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of <h1>Government Extends Eligibility for Maharashtra Trust's Socio-Economic Project Under Section 35AC for Three More Years</h1> The Central Government has extended the eligibility of the project 'Development of integrated socio-economic health, education and essential facilities' by a trust in Maharashtra under Section 35AC of the Income-tax Act, 1961. Initially recognized in 2006 and extended in 2008, the project is now approved for an additional three years starting from the financial year 2011-12, with no change in the approved cost of Rs. 75 crore. This extension follows a recommendation by the National Committee for the Promotion of Social and Economic Welfare, confirming the project's proper execution.
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