Public Provident Fund authorisation: additional bank branches may receive subscriptions subject to prompt remittance and delay penalties.
Central Government authorises 186 additional branches of Allahabad Bank to receive subscriptions under the Public Provident Fund Scheme, 1968, subject to conditions: remittances must be credited to the Government Account at the Reserve Bank of India, Central Account Section, Nagpur within three days; delayed remittances attract a penalty comprising the interest payable to the depositor plus an additional increment for delays within and beyond thirty days; compliance with PPF rules is mandatory and non observance may lead to penal action including de authorisation and pecuniary liabilities borne by the bank.

Exchange of tax information allows authorities to request relevant taxpayer data cross-border subject to confidentiality and legal safeguards.
The Agreement requires competent authorities of India and Macao to exchange information foreseeably relevant to the administration, assessment, collection and enforcement of taxes, obliging requested Parties to use available information gathering measures-including bank and beneficial ownership records-to comply with requests, subject to specified limitations. Requests must state the person, period, information sought, tax purpose and grounds for belief information is held in the requested jurisdiction; exchanged information is subject to strict confidentiality and may be withheld on grounds such as nonconformity, disproportionate difficulty, or public policy.

Eligible project designation extended for Amrita Kuteeram housing scheme, allowing continued prescribed expenditure benefit for three financial years.
Central Government notifies continuation of the Amrita Kuteeram housing project by Mata Amritanandamayi Charitable Trust as an eligible project for tax-deduction purposes for a further three financial years beginning 2012 13, retaining the previously approved project cost of Rs. 300.00 crore. The extension follows the National Committee's recommendation under the Income-tax Rules that the project is properly executed and likely to extend beyond fifteen years, and continues prior notifications and cost enhancements made in earlier extensions.

Section 35AC designation extended for rehabilitation project, preserving eligible expenditure treatment for implemented scheme period.
The Central Government, invoking the Explanation to the provision, notifies the "Centre for Rehabilitation and Development, Chitrakoot" carried out by Jagadguru Rambhadracharya Handicapped University as an eligible project under Section 35AC for a further three years beginning 2012-13, following the National Committee's recommendation and confirming the approved project cost including a corpus fund.

Section 35AC eligibility extended for Kawant livelihood project, recognition continues for further financial years under notification.
The Central Government, under the Explanation to Section 35AC, re-notifies the Kawant livelihood project as an eligible project for a further three-year period commencing with financial year 2012-13, following the National Committee's recommendation that the project is being executed properly, and confirms no change in the approved project cost.

Eligible project extension under income tax permits amended project cost approval and three-year continuation of hospital expansion.
Notification under section 35AC extends eligibility of the Chavara Cancer Hospital expansion project by Kuriakose Elias Trust for three years commencing 2012-13 and, on the National Committee's recommendation of proper execution, amends the original notification to substitute the previously stated maximum project cost with the newly approved higher amount for computing deductions under the provision.

Eligible project extension under section 35AC granted for continuation of Mahatma Gandhi Hospital cardiac hospital scheme for one year.
Notification extends recognition of the Mahatma Gandhi Hospital-Cardiac Hospital project by India Education Trust as an eligible project or scheme for a further one-year period commencing with financial year 2012-13, without any change in the approved project cost, following a recommendation by the National Committee for Promotion of Social and Economic Welfare under the Income-tax Rules.

Eligible project designation under tax provision extended for Arpan Eye Bank, preserving the approved project cost for the extended period.
The Central Government notifies the scheme "Running of Arpan Eye Bank at Ghatkopar (E), Bombay" by Arpan Trust as an eligible project for three further financial years commencing 2012-13, without any change to the last approved cost, pursuant to the statutory power to notify eligible projects and following a recommendation by the oversight committee that execution is satisfactory.

Section 35AC eligibility extended for H.B.S. Trust project, preserving approved project cost and notified tax benefit.
Notification under Section 35AC extends eligibility of the "Establishment and running of the school and hospital" project by H.B.S. Trust, Jodhpur, for a further three financial years beginning 2012-13, following a National Committee recommendation that the project is being executed properly. The extension is granted without change to the previously approved project cost and corpus fund and continues the project's notified status for the purposes of the statutory tax incentive.

Section 35AC eligible project extension for home for spastics secures continued tax-benefit eligibility for specified charitable expenditure.
Notification extends the eligible project or scheme status under the Income-tax Act for the Handicapped Children's Parents Association's "Construction, aids/application/equipments, vans, furnishing and running of Home for spastics" for a further three-year period beginning with financial year 2012-13, without any change to the approved project cost of Rs. 245.00 lakh including a corpus fund of Rs. 100.00 lakh.

Section 35AC eligibility extended for Vishranti critical cancer palliative care centre; recognition continues for three further financial years.
Central Government notifies the "Vishranti critical cancer palliative care centre" by Care India Medical Society, Pune, as an eligible project under Section 35AC for a further three years beginning 2012-13, following the National Committee's recommendation and confirming that the approved cost remains unchanged at Rs. 6.69 crore.

Section 35AC eligible project designation extended for ENT Charitable Trust, continuing tax-advantaged expenditure treatment, period renewed.
Central Government, under Section 35AC and on recommendation of the National Committee under rule 11M(5), extends designation of the ENT Charitable Trust's project for purchase of equipment and construction of a school and ear-care centre at Bandangari, Malad East, Mumbai, as an eligible project for a further three years beginning with financial year 2012-13; the approved project cost remains unchanged.

Section 35AC eligibility extended for Mid Day Meal Project by Iskcon, preserving approved project cost and extended term.
The Central Government, under sub section (1) read with clause (b) of the Explanation to the Income tax Act, notified that the Mid Day Meal Project by Iskcon Food Relief Foundation is an eligible project for a further three years commencing 2012-13, acting on a recommendation under rule 11M after satisfaction with project execution, and affirmed no change to the approved project cost.

Extension of eligible projects under section 35AC: Noida Lok Manch schemes notified for a further three-year period following committee recommendation.
The Central Government, on the National Committee's recommendation, notifies continuation of the Noida Public Library and three Sanskar Kendra Schools carried out by Noida Lok Manch as eligible projects or schemes under section 35AC for a further three financial years commencing 2012-13, with no change to the previously approved project costs.

Eligible project extension under section 35AC confirms continued tax-deduction eligibility and amends allowable project cost.
The Central Government notifies extension of the eligible project "Construction of Senior Citizens Home - Shree Bhartimaiya Anand Dham (Vriddashram) and running of the project" by Shree Ambica Niketan Trust for a further three-year period beginning with financial year 2009-2010 and amends the previously notified maximum allowable project cost and corpus fund figures to higher amounts for purposes of deduction under section 35AC.

Tax deduction for approved charitable eye hospital project extended, preserving approved cost after committee recommendation.
The Central Government has notified an extension of eligibility for the Poona Blind Men's Association's expansion of H.V. Desai Eye Hospital-including super speciality eye care, ocular surface institute, community ophthalmology, doctors' quarters and canteen-on the recommendation of the national committee. The project's eligibility is extended for a further three-year period commencing 2012-13, with no change to the previously approved project cost of Rs. 7.14 crore, under the statutory notification mechanism for approved charitable projects.

Tax deduction eligibility extended for registered social welfare scheme after committee recommendation, allowing continued donor deductions for an additional period.
The Central Government, acting on the National Committee's recommendation and prior notifications, extends designation of the Education and Health support Scheme for Children by Nav Bharat Jagriti Kendra as an eligible project under the income-tax framework for a further three-year period commencing with financial year 2012-13, without any change to the approved project cost of Rs. 39.00 lakh, thereby preserving the scheme's entitlement to the tax-favourable treatment associated with notified eligible projects.

Section 35AC eligibility extended for recurring sports programmes for intellectually disabled, renewing tax-exempt project status for further years.
The Central Government renews eligibility under Section 35AC for the Special Olympics Gujarat Chapter scheme "Recurring cost for organizing sports meet for intellectually disabled children and adults and for organizing healthy athletes programmes for them to participate in Special Olympics" for a further three-year period commencing with the financial year 2012-13, on the recommendation of the National Committee for Promotion of Social and Economic Welfare, and confirms no change in the approved project cost including the corpus fund.

Eligible projects under Section 35AC amended to increase permissible project cost and formally include a corpus fund.
Notification confirms continued notification of the hospital project carried out by Swami Shree Nirodoshanandji Manav Seva Trust and substitutes the previously notified maximum allowable project cost with an increased amount that expressly includes a corpus fund, pursuant to the National Committee's recommendation and the Central Government's power to notify eligible schemes for deduction purposes.

Tax incentive eligibility extension for disability association schemes; extension granted but no certificate for the lapsed initial year.
The Central Government notifies extension of eligibility for the Association of People with Disability's schemes-Training and Employment (urban & rural), Rural Education, Horticulture Training Unit and Rehabilitation & Mobility Aids-for a further three-year period commencing with financial year 2011-12, without change to the approved project cost, following recommendation by the National Committee; however, no certificate shall be issued for the lapsed initial year of that extended period.