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of <h1>Central Government Reconstitutes National Committee for Social and Economic Welfare u/s 35AC of Income-tax Act.</h1> The Central Government, exercising powers under Section 35AC of the Income-tax Act, 1961, has reconstituted the National Committee for Promotion of Social and Economic Welfare. The previous committee's term expired on May 21, 2004. Effective from the publication date of this notification, a new committee has been appointed for a three-year term. The committee comprises fourteen members, including a chairman and various professionals from diverse fields such as law, education, social work, economics, and environmental studies. This reconstitution aims to continue the promotion of social and economic welfare initiatives.
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