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    <title>Amendment of section 36</title>
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    <description>A new sub clause permits a public financial institution, a State financial corporation or a State industrial investment corporation to deduct an amount up to a prescribed proportion of total income (computed before deductions under the clause and Chapter VI A); definitions for &quot;public financial institution&quot;, &quot;State financial corporation&quot; and &quot;State industrial investment corporation&quot; are added by reference to company and State financial corporations law, and the Explanation is substituted to state that &quot;financial corporation&quot; includes a public company.</description>
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      <description>A new sub clause permits a public financial institution, a State financial corporation or a State industrial investment corporation to deduct an amount up to a prescribed proportion of total income (computed before deductions under the clause and Chapter VI A); definitions for &quot;public financial institution&quot;, &quot;State financial corporation&quot; and &quot;State industrial investment corporation&quot; are added by reference to company and State financial corporations law, and the Explanation is substituted to state that &quot;financial corporation&quot; includes a public company.</description>
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