Income Tax Act 2023
Section 2 Clause 11 - Financial Institution
(as updated till Finance Act 2024)
1[***]
1 Below Clause (11) was omitted by section 15(c) of the Finance Act, 2024 (Act No. V of 2024) with effect from 1st July 2024.
[ (11) “Financial Institution’’ means a financial institution as defined in The Financial Institutions Act, 1993 (Act No. 27 of 1993) ]
Disclaimer: This is the authentic English text of the Income Tax Act 2023, as published under SRO No. 404-Law/2025 dated 08 October 2025. In the event of any inconsistency or conflict between the content on this website and the official Government publications or gazette notifications relating to laws, rules, regulations or SROs, the official Government publications and notifications shall prevail.