Public financial institution deduction for notified credit guarantee fund contributions under the income-tax framework. Deduction is available only to a public financial institution for its contribution to a notified Credit Guarantee Trust Fund for small industries. The payment must be a contribution and the relevant fund must be notified by the Central Government; ordinary companies, firms and individuals cannot claim the deduction. The term public financial institution is taken from the Companies Act framework and includes specifically listed and government-notified institutions.