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<h1>Deduction for mineral oil and natural gas production expanded, with new housing-project allotment restrictions and retrospective clarity.</h1> Section 80-IB is amended to substitute sub-section (9) so that undertakings producing mineral oil or refining mineral oil (subject to a commencement cutoff) are eligible for a 100% profits deduction for seven consecutive assessment years, with all blocks licensed under a single contract treated as a single undertaking; a new clause extends eligibility to natural gas production in specified licensed blocks commencing on or after the stated date. Sub-section (10) is amended to restrict multiple allotments in housing projects and to exclude works-contract projects from those restrictions, with specified retrospective and prospective operative dates.