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    <title>Amendment of section 36</title>
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    <description>The amendment to section 36(1) inserts &quot;or scheduled bank&quot; after &quot;public sector company&quot; in the Explanation to clause (iiia), omits clause (xvi), and substitutes, with effect from the stated fiscal date, the Explanation to clause (viii)(b)(i) to specify that certain listed entities providing long-term finance qualify only where that finance is for industrial or agricultural development, development of infrastructure facilities in India, or development of housing in India.</description>
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      <description>The amendment to section 36(1) inserts &quot;or scheduled bank&quot; after &quot;public sector company&quot; in the Explanation to clause (iiia), omits clause (xvi), and substitutes, with effect from the stated fiscal date, the Explanation to clause (viii)(b)(i) to specify that certain listed entities providing long-term finance qualify only where that finance is for industrial or agricultural development, development of infrastructure facilities in India, or development of housing in India.</description>
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