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The Grameen Bank Ordinance, 1983

( Ordinance NO. XLVI OF 1983 )

Exemption from taxes
33. Notwithstanding anything contained in the Income-tax Act, 1922 (XI of 1922), or any law for the time being in force relating to income-tax, super-tax or business profits tax, the Bank shall not, for such period as the Government may, by notification in the official Gazette, specify, be liable to pay any such tax on its income, profits or gains.

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