Soft set theory has been well-known as an innovative approach to managing uncertainty-related problems and modelling uncertainty since Molodtsov introduced it in 1999. It has been applied in a variety of contexts, both theoretical and practical. The core concept of the theory, soft set operations, has piqued the curiosity of researchers ever since it was developed. A number of restricted and extended soft set operations have been defined, and their characteristics have been investigated. In this study, we present a new restricted and extended soft set operation, which we refer to as extended gamma and restricted gamma operation, and we study their fundamental algebraic properties in detail. Additionally, this operation's distributions over other soft-set operations are examined. Considering the algebraic properties of the extended gamma operation and its distribution rules, we show that when combined with other types of soft sets, it forms several important algebraic structures, like semirings and near-semirings, in the collection of soft sets over the universe. This theoretical study is highly significant from both a theoretical and practical standpoint, as the main notion of the theory is the operations of soft sets, which provide the basis for many applications, such as cryptology and optimal decision-making procedures.