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of <h1>Clause 146: 30% Tax Deduction on Employee Costs for Profitable Businesses, Excludes Splits, Reconstructions, Acquisitions.</h1> Clause 146 of the Income Tax Bill, 2025, allows a 30% deduction on additional employee costs for businesses with profits and gains, applicable for three consecutive tax years. The deduction is denied if the business results from splitting or reconstruction of an existing business, acquisition, or lack of an accountant's report. Additional employee costs include emoluments to new employees, with conditions on payment methods and employee qualifications. Employees must increase the workforce, earn below a specified threshold, and meet minimum employment days to qualify. Certain payments and contributions are excluded from 'emoluments.'
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