Section(s) Referred: 10 ,10(23D)
Statute: INCOME TAX
Date of Issue: 22/6/1989
In exercise of the powers conferred by clause (23D) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies LIC Mutual Fund set up by the Life Insurance Corporation of India, a corporation established by the Life Insurance Corporation Act, 1956 (31 of 1956), as the Mutual Fund of public financial institutions for the purposes of the aforesaid provision.
(Sd.) Arbind Modi, Under Secretary to the Govt. of India.
[No. 8396/F. No. 133/248/89-TPL