Income-tax exemption under clause (48D): National Bank for Financing Infrastructure and Development notified for ten consecutive assessment years. The Central Government notifies the National Bank for Financing Infrastructure and Development, constituted under the enabling Act of 2021, as covered by clause (48D) of section 10 for tax purposes for a period of ten consecutive assessment years beginning from the assessment year 2022-2023, with the notification effective from its publication in the Official Gazette.