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<h1>Government Renews Approval for Mumbai Container Terminal Project Under Section 10(23G) Until 2028-29 with Compliance Conditions.</h1> The Central Government has renewed the approval for a project by a private company in Mumbai under section 10(23G) of the Income-tax Act, 1961, applicable from the Assessment Year 2005-06 to 2028-29. This approval pertains to the development, operation, management, and maintenance of a container terminal at Jawaharlal Nehru Port, Mumbai, under a Build, Operate, and Transfer agreement. The approval is contingent on compliance with section 10(23G) and rule 2E of the Income-tax Rules, 1962. It may be withdrawn if the enterprise ceases eligible business, fails to maintain audited accounts, or does not furnish required audit reports.