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of <h1>Section 29 clarifies deductible employer contributions to provident/superannuation, pensions (max 14%), gratuity funds, and anti-double-deduction rule</h1> Section 29 permits employer deductions for contributions to recognised provident and approved superannuation funds, pension schemes (capped at 14% of salary), approved gratuity funds under irrevocable trust, certain gratuity provisions, and employee contributions credited by the due date; it bars deductions for general gratuity provisions except as expressly allowed and prevents double deduction where a provision has been claimed and later paid. The As Passed clarifies and prioritises sub-clause (1)(d) - making specified gratuity provisions deductible 'irrespective' of the general prohibition in sub-section (2) - resolving a textual conflict in the original Bill while preserving anti-double-deduction rules.
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