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<h1>Income Tax Bill Clause 143: 100% Deduction for Eligible Businesses in North-East, Conditions Apply, Excludes Tobacco & Petroleum</h1> Clause 143 of the Income Tax Bill, 2025, offers a 100% tax deduction on profits and gains for ten consecutive tax years to eligible undertakings in North-Eastern States. These undertakings must have begun operations or expanded substantially between April 1, 2007, and April 1, 2017, and should not be formed by splitting or reconstructing existing businesses. The deduction is limited to specific eligible articles, excluding tobacco, pan masala, certain plastic bags, and petroleum products. Eligible businesses include hotels, adventure sports, healthcare, old-age homes, vocational training, IT training, IT hardware manufacturing, and biotechnology.