Government Extends Rehabilitation Project for Blind and Disabled, Increases Funding to 18.50 Crore; Updates Section 35AC Deduction Limits
The notification amends a previous government notification regarding a project for comprehensive rehabilitation, medical, and human resource development services for the blind and disabled. The National Committee for the Promotion of Social and Economic Welfare has recommended extending the project for three more years and increasing the project cost from 11.00 crore to 18.50 crore. The Central Government has approved this extension and cost enhancement for the financial years 2014-15, 2015-16, and 2016-17. The notification also updates the maximum allowable deduction under section 35AC of the Income-tax Act, reflecting the revised project cost. Other aspects of the original notification remain unchanged.
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