Is it tax deductible for institutions to issue real estate subsidies?

According to the Regulations for the Implementation of the Individual Income Tax Law of the People's Republic of China (DecreeNo.. 707th):

Article 6 The scope of personal income as stipulated in the Individual Income Tax Law:

(1) Income from wages and salaries refers to wages, salaries, bonuses, year-end salary increase, labor dividends, allowances, subsidies and other income related to employment.

Article 10 The subsidies and allowances paid in accordance with the unified regulations of the state as mentioned in Item (3) of Paragraph 1 of Article 4 of the Individual Income Tax Law refer to the special government allowances and academician allowances paid in accordance with the regulations of the State Council, and other subsidies and allowances exempted from individual income tax as stipulated by the State Council.