Exemption under section 35AC: charitable hospital project granted a two-year extension of specified status under income tax rules.
The Central Government, acting under the Explanation to section 35AC and on the National Committee's recommendation under the Income tax Rules, specifies the Shri Hari Public Charitable Trust's Vrudhashram and Eye Hospital project as an eligible scheme for a further two year period commencing from the stated financial year, without any change in the approved project cost of Rs. 87.52 lakhs.

Exemption under section 35AC: specified rural development project extended as eligible scheme for a further period.
Specification under section 35AC that Ankleshwar Industrial and Rural Development Society's project to develop and extend educational, medical and sports facilities in fifty villages is an eligible scheme; the Central Government confirms no change in approved cost including the corpus fund and extends the project's eligibility for a further period following the National Committee's recommendation that the project is being executed properly.

Exemption under section 35AC: eligible healthcare project address amended while preserving the approved project cost.
The Central Government amends a prior notification under section 35AC to substitute the implementing entity's name and address for an eligible health care project, following the National Committee's recommendation that the scheme is being properly executed and will extend beyond the initial three year period; the approved project cost remains unchanged.

Exemption under section 35AC renewed for specified hospital project, extending eligibility and retaining approved project cost.
The Central Government, following the National Committee's recommendation, specifies the instrument/equipment, vehicle and running project of B.D. Patel General Hospital, Umreth, as an eligible project under the income-tax exemption provision for a further three-year period commencing in financial year 2006-07, without change to the approved project cost and including the corpus fund.

Tax exemption under section 35AC extended to Deepalaya's rural Mewat health project for a further period.
Central Government specifies extension of eligibility under section 35AC for Deepalaya's health project in rural Mewat-covering construction of a dispensary, purchase of furniture and equipment, provision of a van and operation of the health project-without change in the approved project cost, for a further three year period commencing from the financial year 2006 07, following recommendation by the National Committee for Promotion of Social and Economic Welfare.

Exemption extension for rainfed farming projects preserved, maintaining eligibility and approved project cost for a further period.
The Central Government specifies the Western India Rainfed Farming Project and the Eastern India Rainfed Farming Project carried out by Gramin Vikas Trust, New Delhi, as eligible projects for a further three-year period commencing with the financial year 2006-07, following the National Committee's recommendation that the projects are being properly executed; the specification affirms no change in the approved project cost, inclusive of a corpus fund.

Exemption under Income-tax provision extended for specified social welfare project, maintaining eligible status for a further three-year period.
The Central Government specifies the project at Ramo Halli, Kengeri, by Shubham Karothi-comprising construction, equipment purchase, furnishing and operation of a school and rehabilitation centre-as an eligible project for a further three years commencing with financial year 2006-07, following a recommendation by the National Committee and without any change in the previously approved cost of two crores.

Tax exemption under section 35AC extended for a charitable hospital's medical equipment and services project, renewing eligibility.
The Central Government specifies the scheme for purchase of equipment, van and ambulance, furnishing, running of medical services and research in herbal and ayurvedic medicines of Shri Chandracharya Dharmarth Chikitsalaya Trust at Amarkantak as an eligible project under section 35AC, and renews its eligibility for a further three-year period commencing from the stated financial year without any change in the approved project cost.

Exemption under Section 35AC extended allowing continued eligibility for hospital development project and preservation of approved project cost.
The Central Government re-specifies the scheme carried out by R.N.S. Trust for interior decoration and finishing of a hospital building and purchase of medical equipment as an eligible project for a further three-year period commencing with financial year 2006-07, following a National Committee recommendation and without any change to the previously approved project cost of Rs. 864.40 lakhs.

Section 35AC exemption extended for Ideal Village project by Vanarai Trust following committee recommendation, cost ceiling unchanged.
Acting under section 35AC, the Central Government specifies the Ideal Village project by Vanarai Trust as an eligible project for a further two-year period commencing 2006-07, following the National Committee's recommendation under rule 11M(5), and preserves the previously approved project cost without change.

Exemption under section 35AC: ALERT-INDIA's leprosy and TB projects designated eligible for tax-deduction extension.
The Central Government specifies ALERT-INDIA's projects-leprosy control in Greater Bombay and New Bombay, a T.B. control project at New Bombay, and an integrated health care project at Airoli-as eligible charitable projects for exemption under section 35AC. Relying on the National Committee's recommendation and prior extensions, the Government extends the projects' eligibility for a further three-year period commencing with financial year 2006-07, without change to the approved project cost.

Exemption under section 35AC extended and eligible project cost ceiling increased for a rural development scheme.
Notification extends for three years the eligibility under section 35AC of the Income tax Act for the AnaRDe Foundation scheme for Socio Economic development of rural areas and amends the earlier notification by increasing the maximum project cost allowable as a deduction, substituting the prior figure in the table with a higher sanctioned ceiling.

Exemption under section 35AC for homeless shelter projects extended and the project cost ceiling increased following committee recommendation.
The Central Government specifies construction of shelters for the homeless and related welfare works by Mother Krishnabai Rural Development Trust as an eligible project for deduction under section 35AC, extends the specification for three years from financial year 2006-07, and amends the earlier notification to increase the maximum allowable project cost in accordance with the National Committee's recommendation.

Exemption under section 35AC extended for specified education projects, preserving approved project cost and three-year eligibility.
Exemption under section 35AC is specified for furnishing and running of the Society for the Education of the Crippled Centre for Independent Living and the Antop Hill School by the Society for Education of the Crippled (Child and Adult) as eligible projects; the National Committee recommended further specification after satisfaction with execution, and the Central Government specifies these projects as eligible for a further three-year period commencing with the financial year 2006-07 without change to the approved project cost.

Exemption under section 35AC extended to Sarvoday Arogya Nidhi's eye operation project, preserving approved project cost and eligibility.
The Central Government, acting under the Explanation to section 35AC of the Income tax Act and on the National Committee's recommendation under rule 11M(5), specifies the eye operation scheme and associated equipment for Sarvoday Eye Hospital/Eye Camps at Radhanpur, Gujarat and Rajasthan as an eligible project for a further three year period commencing with financial year 2006 07, without any change in the approved project cost of Rs.67.00 lakhs.

Section 35AC exemption extended for a school construction project and the eligible project cost revised accordingly.
Exemption under section 35AC is specified for construction of school, hostel and residence quarters at Village Sola by Shri Apang Abhyudaya Mandal for a further two years commencing financial year 2007-08, following the National Committee's recommendation that the project is properly executed and likely to extend beyond nine years. The notification also amends the Table at serial number 10 in the original notification to revise the maximum project cost allowable for deduction under section 35AC to the newly specified amount.

Section 35AC exemption extended for Lifeline Express, allowing Impact India Foundation continued project eligibility under existing approved cost.
Section 35AC eligibility is extended to the project "Running of Lifeline Express (hospitals on wheels)" by Impact India Foundation for a further period commencing from the financial year 2006-07, preserving the previously approved project cost and corpus fund without change following recommendation by the National Committee under rule 11M(5).

Section 35AC approvals specify eligible projects and deduction caps for listed social welfare institutions over specified financial years.
The Central Government approves specific institutions as sponsors of eligible projects or schemes for deduction under section 35AC, specifying for each the project description, estimated cost and the maximum amount of that cost allowable as a deduction, and indicating the financial years during which the approval and deduction limits apply, with certain entries omitted or substituted by later notifications.

Exchange rate notification: prescribed conversion rates for export goods take effect, replacing the prior exchange rate notice.
The notification fixes statutory conversion rates to be used for export goods valuation, superseding the prior notification and directing that the rates for each listed foreign currency shall be the amounts shown in the appended Schedules (Schedule I for unit rates and Schedule II for Japanese Yen per 100 units).

Exchange rate determination for imported goods establishes prescribed currency conversion rates effective from November and supersedes prior notification.
The Board, exercising powers under the Customs Act, prescribes exchange rates for specified foreign currencies for converted valuation of imported goods, effective 1 November 2006, and supersedes the earlier notification of 26 September 2006; rates are provided in Schedule I (unitwise rates for listed currencies) and Schedule II (rate per one hundred units for Japanese Yen).