Budget 2024: What is in store for labour? | Watch
5 months ago

Budget 2024: What is in store for labour? | Watch

The Hindu  

In her seventh budget speech, Finance Minister Nirmala Sitharaman announced three new employee-linked incentive schemes in the Union Budget for 2024-25. The three schemes, which are part of the Prime Minister’s package, will align with enrolment in the Employee Provident Fund Organisation and focus on the recognition of first-time employees, as well as support to both employers and employees. The Centre will provide ‘Employment Linked Incentives’ to employers based on enrolment in the Employees Provident Fund Organisation. One of the major proposal among this is to provide internship opportunities in 500 top companies to one crore youth for 12 months.

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History of this topic

PM Internship Scheme's launch delayed, new date awaited: Report
3 weeks, 1 day ago

PM Internship Scheme's launch delayed, new date awaited: Report

Hindustan Times  

The new PM Internship Scheme which was supposed to have been launched on Monday, December 2, 2024, has been postponed with a new date to be announced shortly. The scheme was announced in the Union Budget 2024-25 and in the longer run of a 5 year period, targeted to provide internship opportunities to 1 crore students The postponement is due …

To generate jobs, India should consider a jobs-linked incentive scheme
3 weeks, 5 days ago

To generate jobs, India should consider a jobs-linked incentive scheme

Live Mint  

Employees Provident Fund Organisation data shows that around 12-13 million formal jobs are added every year. The concept of having a stock of employees on the bench is outdated even in the information technology sector, where hiring now follows the tenet of ‘just in time.’ A policy response could be for the government to provide financial incentives to the private …

Maharashtra Polls: Mahayuti Unveils 10 Guarantees, Promises 25 Lakh Jobs
1 month, 2 weeks ago

Maharashtra Polls: Mahayuti Unveils 10 Guarantees, Promises 25 Lakh Jobs

ABP News  

Maharashtra's Mahayuti alliance unveils a comprehensive manifesto, promising significant economic relief, employment generation, and social welfare measures. The key highlights include increased monthly allowances for women, recruitment of 25,000 policewomen, a farm loan waiver, enhanced pension for senior citizens, and a focus on rural infrastructure and sustainable development.

ELI proposals set to be moved to Cabinet soon
3 months ago

ELI proposals set to be moved to Cabinet soon

Hindustan Times  

The labour ministry will “very soon” move the Union Cabinet for its approval to the three employment-linked incentive proposed in the 2024-25 Budget -- steps aimed at boosting job opportunities and enhancing skills of an ever-growing workforce, labour and employment minister Mansukh Mandaviya has said. In her 2024-25 Budget speech on July 3, finance minister Nirmala Sitharaman announced job-creation and …

17 Crore Jobs Created in India Over The Last 10 Years: Centre
4 months, 2 weeks ago

17 Crore Jobs Created in India Over The Last 10 Years: Centre

ABP News  

New Delhi: Union Minister of State for Labour and Employment Shobha Karandlaje announced in the Lok Sabha that employment in India increased by around 17 crore over the past decade, as reported by news agency IANS. She also highlighted that the Periodic Labour Force Survey, conducted by the Ministry of Statistics and Programme Implementation since 2017-18, serves as the official …

Govt, workers thrash out key issues in new pension scheme
4 months, 2 weeks ago

Govt, workers thrash out key issues in new pension scheme

Hindustan Times  

Representatives of the government and its employees have reached a consensus on the contentious pension issue, addressing concerns about post-retirement benefits without reverting to the old pension scheme, according to two people familiar with the matter. “After working out the finer details, the committee will submit its report to the government soon.” The resolution addresses three core apprehensions of employees, …

Budget 2024: New job schemes to kick off this year, says Finance Secretary T.V. Somanathan
4 months, 3 weeks ago

Budget 2024: New job schemes to kick off this year, says Finance Secretary T.V. Somanathan

The Hindu  

The government is confident of launching the schemes in the Prime Minister’s package for employment and skilling announced in last week’s Budget within this financial year. High salary cut-off The top Finance Ministry official also said that the decision to incentivise hiring for first-timers with a salary limit of ₹1 lakh per month was aimed at keeping the schemes sector-neutral. …

Good start on job creation but more steps are needed
4 months, 3 weeks ago

Good start on job creation but more steps are needed

New Indian Express  

Ending years of handwringing, the NDA government has finally decided to tackle the issue of high unemployment in the country. Last week, presenting Budget 2025, Finance Minister Nirmala Sitharaman gave job creation the greatest shot of adrenaline, rolling out five new schemes with an unprecedented outlay of Rs 2 lakh crore. The proposed package is expected to facilitate employment and …

Union Budget 2024: Political Uproar Expected in Parliament Today, Watch Video | ABP News
4 months, 4 weeks ago

Union Budget 2024: Political Uproar Expected in Parliament Today, Watch Video | ABP News

ABP News  

Finance Minister Nirmala Sitharaman presented the Union Budget on Tuesday. The biggest relief for millions of new tax regime taxpayers comes in the form of an increase in the standard deduction. During her budget speech, Finance Minister Nirmala Sitharaman emphasized her primary goals of job creation, skill development, support for small industries, and relief for the middle class. Changes in …

Union Budget 2024: INDIA Alliance to Protest Against Budget Today | ABP News
5 months ago

Union Budget 2024: INDIA Alliance to Protest Against Budget Today | ABP News

ABP News  

Nirmala Sitharaman: On Tuesday, Finance Minister Nirmala Sitharaman presented the Union Budget. Key highlights include increased standard deductions and expanded benefits for new tax regime taxpayers, though some disappointment exists over higher short-term and long-term capital gains taxes and the removal of indexation benefits. The budget also targets job creation, skill development, and support for small businesses, with incentives for …

Budget 2024 creates a template for reforms in Modi 3.0
5 months ago

Budget 2024 creates a template for reforms in Modi 3.0

Firstpost  

This year’s Budget stands out for its balanced approach, focusing on fiscal discipline, capital expenditure, regulatory simplification, job creation, and next-generation reforms, aiming to stimulate high growth and employment Budgets have long been spectacles of grand announcements and symbolic gestures. Additionally, the budget aims to enhance women’s workforce participation through infrastructure support and specialised skilling programmes, and to upgrade 1,000 …

Union Budget 2024: Top 5 takeaways for salaried persons, job seekers
5 months ago

Union Budget 2024: Top 5 takeaways for salaried persons, job seekers

Hindustan Times  

Budget 2024: Finance minister Nirmala Sitharaman on Tuesday presented the Union Budget 2024-25 during the Monsoon Session of Parliament. Union finance minister Nirmala Sitharaman presents the Union Budget 2024-25 in Lok Sabha in New Delhi on July 23. Hike in standard deduction In the budget, finance minister Nirmala Sitharaman announced an increase in the standard deduction for salaried employees from …

Union Budget 2024: A vision for inclusive growth and empowerment
5 months ago

Union Budget 2024: A vision for inclusive growth and empowerment

The Hindu  

The Union Budget presented by the Finance Minister on July 23 embodies an inclusive and progressive vision, effectively addressing the diverse concerns of various sectors of the economy. The Economic Survey tabled in the Parliament on July 22, 2024 points out that the rising youth and women participation in the workforce presents an opportunity to tap the demographic and gender …

Union Budget 2024: A comprehensive pathway to inclusive growth and economic resilience
5 months ago

Union Budget 2024: A comprehensive pathway to inclusive growth and economic resilience

The Hindu  

The Union Budget 2024, presented by Finance Minister Nirmala Sitharaman, represents a significant milestone in India’s ongoing journey towards inclusive growth and economic resilience. With a strategic emphasis on job creation, infrastructure development, support for MSMEs, and affordable housing, this Budget addresses the nation’s critical needs while prudently reducing the fiscal deficit to 4.9%. On the infrastructure front, the Budget …

Union Budget 2024-25: No additional allocation for Chandigarh but curbs on new projects go
5 months ago

Union Budget 2024-25: No additional allocation for Chandigarh but curbs on new projects go

Hindustan Times  

The Budget allocated to Chandigarh, in the Union Budget 2024-25, presented by finance minister Nirmala Sitharaman on Tuesday, remains the same as the interim budget of ₹6,513 crore. A senior officer of the finance department said, “Our budget remains the same but now we can spend money on the announced projects as the cap has been removed.” At ₹6,513 crore, …

Can the Prime Minister’s employment package work?
5 months ago

Can the Prime Minister’s employment package work?

The Hindu  

The chapter on employment in the Economic Survey starts with the observation: “Employment is the crucial link between growth and prosperity, and its quantity and quality determine the extent to which economic output translates into better quality of life for the population.” This “crucial link” between growth of economic output, measured by official GDP estimates, and gainful employment, especially decent …

The budget echoes the Developed India vision
5 months ago

The budget echoes the Developed India vision

Hindustan Times  

Finance minister Nirmala Sitharaman has meticulously assessed India’s economic vitality. New Delhi, India - July 23, 2024: Union Finance Minister Nirmala Sitharaman during Post Budget Press Conference at National Media Centre, in New Delhi, India, on Tuesday, July 23, 2024. Budget 2024 unveiled a comprehensive strategy built on nine foundational pillars — agriculture, employment, inclusive development, manufacturing and services, urban …

Union Budget 2024 provides blueprint for a self-reliant, developed India: U.P. CM Yogi
5 months ago

Union Budget 2024 provides blueprint for a self-reliant, developed India: U.P. CM Yogi

Hindustan Times  

Hailing the Union Budget 2024, Uttar Pradesh chief minister Yogi Adityanath on Tuesday said the budget presented under the leadership of PM Narendra Modi will prove to be all-encompassing, all inclusive, and development-oriented, meeting the hopes, aspirations and resolutions of 140 crore Indians. UP chief minister Yogi Adityanath congratulated Union finance minister Nirmala Sitharaman and her team. In a media …

MIA welcomes “industry-friendly and MSME-supportive” Union Budget
5 months ago

MIA welcomes “industry-friendly and MSME-supportive” Union Budget

The Hindu  

The Mysuru Industries Association has welcomed the Union Budget presented by Finance Minister Nirmala Sitharaman in New Delhi on Tuesday and termed it an “industry-friendly and MSME-supportive” Budget. In a statement here, MIA president P. Vishwanath and General Secretary Suresh Kumar Jain identified the Union government’s proposal to set aside ₹1.48 lakh crore for skill training and job creation with …

Union Budget evokes mixed response from Andhra’s political leaders, industry bodies
5 months ago

Union Budget evokes mixed response from Andhra’s political leaders, industry bodies

The Hindu  

The Union Budget-2024, presented by Finance Minister Nirmala Sitharaman in the Lok Sabha on July 23, has evoked mixed response from political parties, trade unions and trade bodies. ‘No clarity on funds’ CPI State secretariat member K. Lokanadham said that the Union budget had ‘once again deceived A.P.’ by failing to give clarity on the amount of funds allocated to …

What's in Budget 2024 for students, women and professionals | A quick guide
5 months ago

What's in Budget 2024 for students, women and professionals | A quick guide

India Today  

Budget 2024-25, presented by Finance Minister Nirmala Sitharaman on Tuesday, has something for almost everyone. LOANS UP TO RS 10 LAKH FOR STUDENTS To assist students who have not been benefitted under any government initiatives, Budget 2024 has provision for financial support for loans of up to Rs 10 lakh. For promoting women-led development, the Budget carries an allocation of …

Union Budget 2024: Here Are The Major Announcements From FM Sitharaman
5 months ago

Union Budget 2024: Here Are The Major Announcements From FM Sitharaman

ABP News  

Union Budget 2024: Finance Minister Nirmala Sitharaman presented the Union Budget for the fiscal year 2024-25 on Tuesday. Budget 2024 announced an increase in the deduction for Employer National Pension Scheme contributions to 14 per cent. The revised borrowing target is Rs 14.01 lakh crore, down from the Rs 14.13 lakh crore previously announced in the interim budget. The capital …

Union Budget 2024: Sector-Wise Allocation Puts Defence At The Top. Full Details Inside
5 months ago

Union Budget 2024: Sector-Wise Allocation Puts Defence At The Top. Full Details Inside

ABP News  

Budget 2024: Finance Minister Nirmala Sitharaman presented the Union Budget 2024 on Tuesday in Parliament. Defence: For FY25, the defence sector will receive an allocation of Rs 6.21 lakh crore, according to Finance Minister Nirmala Sitharaman. Education: During the presentation of the Budget 2024 on Tuesday, Finance Minister Nirmala Sitharaman declared that the central government would allocate Rs 1.48 lakh …

'EMPLOYMENT': Nirmala Sitharaman's acronym for Budget 2024 theme
5 months ago

'EMPLOYMENT': Nirmala Sitharaman's acronym for Budget 2024 theme

India Today  

With job creation and youth skilling initiatives being the top focus of the government, Finance Minister Nirmala Sitharaman coined a new acronym - 'EMPLOYMENT' - as the theme of the Union Budget 2024-25. Read Full Budget 2024 Coverage While the government has tweaked tax slabs under the new income tax regime to boost consumption among the salaried class, it has …

Budget 2024: Just a political exercise to protect interests of Modi govt, says Kerala Finance Minister
5 months ago

Budget 2024: Just a political exercise to protect interests of Modi govt, says Kerala Finance Minister

The Hindu  

Kerala Finance Minister K. N. Balagopal on July 23 slammed the 2024-25 Union Budget, calling it a “gimmick” and a “political exercise” solely intended to protect the interests of the BJP-led NDA government. “While the BJP opened its account in Kerala, Kerala’s account has been closed,” Mr. Balagopal remarked, in an apparent reference to the BJP candidate Suresh Gopi’s win …

Budget 2024 is growth-oriented, welfare-centric, people-friendly: Annamalai
5 months ago

Budget 2024 is growth-oriented, welfare-centric, people-friendly: Annamalai

The Hindu  

The Union Budget 2024 is growth-oriented, welfare-centric and people-friendly. It strengthens the road map towards a Viksit Bharat by 2047, said BJP Tamil Nadu president K. Annamalai on Tuesday, July 23, 2024. In a social media post on X, Mr. Annamalai said Budgetary announcements, including the Transit Oriented Development Plans in 14 large cities with a population above 30 lakh, …

Budget 2024-25 CAPEX: ₹11 lakh crore allocated towards capital expenditure, 3.4% of GDP by FM Nirmala Sitharaman
5 months ago

Budget 2024-25 CAPEX: ₹11 lakh crore allocated towards capital expenditure, 3.4% of GDP by FM Nirmala Sitharaman

The Hindu  

In her seventh budget presentation, Finance Minister Nirmala Sitharaman announced allocating Rs 11 lakh, 11 thousand and 111 crore towards capital expenditure. She further urged, “We will encourage states to provide support of similar scale for infrastructure development based on their priorities.” The finance minister stated that private investment in infrastructure will be promoted through Viability Gap Funding and a …

Union Budget 2024: Where does Centre spend the most money?
5 months ago

Union Budget 2024: Where does Centre spend the most money?

Hindustan Times  

Union finance minister Nirmala Sitharaman presented Union Budget in Parliament of Tuesday. Union Budget 2024: Union finance minister Nirmala Sitharaman with the Budget tablet arrives at the Parliament to present the Union Budget 2024-25 during the Monsoon Session, in New Delhi on Tuesday. "The fiscal consolidation path announced by me in 2021 has served our economy very well, and we …

Budget 2024: FM Nirmala Sitharaman lays out nine priorities of the Modi govt
5 months ago

Budget 2024: FM Nirmala Sitharaman lays out nine priorities of the Modi govt

Op India  

Finance Minister Nirmala Sitharaman, in her seventh consecutive Union Budget for 2024-25, outlined key priorities aimed at fostering economic growth and creating ample opportunities. She listed productivity and resilience in agriculture, employment and skilling, inclusive human resource development and social justice, manufacturing and services, urban development, energy security, infrastructure, innovation, research and development and next-generation reforms as nine priority areas …

Union Budget 2024: Sitharaman introduces 3 incentives for first timers, employers, job creation | Details
5 months ago

Union Budget 2024: Sitharaman introduces 3 incentives for first timers, employers, job creation | Details

Hindustan Times  

Finance Minister Nirmala Sitharaman presented the Union Budget 2024-2025 in Parliament on Tuesday and introduced three employment schemes centred around first timers, support for employers and job creation in manufacturing. Union Finance Minister Nirmala Sitharaman presented the Union Budget 2024-25 in the Lok Sabha, introducing 3 employment incentives for first timers, job creation and employer benefits as well The Finance …

Budget 2024-25: Major Announcements For Students & Youths
5 months ago

Budget 2024-25: Major Announcements For Students & Youths

Live Law  

On July 23, the Union Budget for 2024-25 was presented in the Lok Sabha by Finance Minister Nirmala Sitharaman. Here are major announcements for the youths: EPFO registration The job situation in the nation will improve thanks to the three programs the administration has suggested for promoting employment for fresh applicants. Education Loans The proposed education loans would serve two …

Budget 2024: Nirmala Sitharaman announces financial aid for student loans up to ₹10 lakh
5 months ago

Budget 2024: Nirmala Sitharaman announces financial aid for student loans up to ₹10 lakh

Hindustan Times  

Union finance minister Nirmala Sitharaman announced that the Narendra Modi government will offer financial support for loans up to ₹10 lakh for higher education in domestic institutions. Union Budget 2024: People watch Union Budget being presented by finance minister Nirmala Sitharaman in the Parliament on television screen at TV showroom, at Dadar, in Mumbai. Follow- Budget 2024 Live Updates "For …

Union Budget 2024: From farming, skilling to infrastructure, Sitharaman lists out nine priorities of Modi 3.0
5 months ago

Union Budget 2024: From farming, skilling to infrastructure, Sitharaman lists out nine priorities of Modi 3.0

India TV News  

Union Finance Minister Nirmala Sitharaman on Tuesday listed the 7 priorities of the government in Budget 2024-25. Here are the government's seven priorities in the Union Budget 2024-25: Priority 1 in Budget -Productivity and Resilience in Agri Raising Productivity and Climate Resilient Varieties Thrust on Natural Farming: 2 crore farmers to be supported in next 2 years Atma Nirbharta in …

Union Budget 2024-25: Nirmala Sitharaman announces e-vouchers for students; education loans up to ₹10 lakh
5 months ago

Union Budget 2024-25: Nirmala Sitharaman announces e-vouchers for students; education loans up to ₹10 lakh

The Hindu  

As part of the new loan scheme announced by Finance Minister Nirmala Sitharaman while presenting the Union Budget for 2024-25, e-vouchers will be given to one lakh students every year to secure loans up to ₹10 lakh to pursue higher education in domestic institutions. “This initiative will undoubtedly empower many aspiring students to pursue their academic goals without the burden …

Budget 2024: BIG announcement for Andhra Pradesh, Govt proposes Rs 15,000 crore to develop state capital
5 months ago

Budget 2024: BIG announcement for Andhra Pradesh, Govt proposes Rs 15,000 crore to develop state capital

India TV News  

Union Finance Minister Nirmala Sitharaman on Tuesday proposed that the government will facilitate special financial support for the development of the capital city in Andhra Pradesh. Presenting the Budget for 2024-25 in the Lok Sabha, she further said the NDA government at the Centre is fully committed to financing and early completion of Polavaram Irrigation project, which is considered as …

Month's wage for new hires, internship scheme for 1 crore youth in big jobs push
5 months ago

Month's wage for new hires, internship scheme for 1 crore youth in big jobs push

India Today  

In a significant move to boost employment, Finance Minister Nirmala Sitharaman announced a new scheme to support individuals entering the formal workforce for the first time. This scheme, revealed during the presentation of Modi 3.0's first budget on Tuesday, will provide new employees with one month’s wage through Direct Benefit Transfer in three instalments. Sitharaman also mentioned that employers would …

Union Budget 2024 India: Sitharaman Announces 5 Schemes Focusing On 4.1 Crore Youth Over Next 5 Years
5 months ago

Union Budget 2024 India: Sitharaman Announces 5 Schemes Focusing On 4.1 Crore Youth Over Next 5 Years

ABP News  

Union Budget 2024 India: Finance Minister Nirmala Sitharaman in her announcement during the Budget speech revealed that the Modi 3.0 government will launch five major schemes focusing on 4.1 crore youth over the next five years, with a substantial central outlay of Rs 2 lakh crore. The Finance Minister emphasized that 20 lakh youth will receive training and skill development …

Union Budget 2024: 7 key figures to gauge Indian economy's health under Sitharaman
5 months ago

Union Budget 2024: 7 key figures to gauge Indian economy's health under Sitharaman

Hindustan Times  

Union finance minister Nirmala Sitharaman presents the Union Budget 2024 in Parliament today, marking her seventh consecutive budget, surpassing the late Morarji Desai's record of six. Follow- Budget 2024 Live Updates Key numbers to watch for the first full Budget of Modi 3.0 Fiscal Deficit: • The budgeted fiscal deficit for the current fiscal year is projected at 5.1%, down …

Union Budget 2024: What politicians expect - addressing unemployment and inflation issues, increasing fund assistance
5 months ago

Union Budget 2024: What politicians expect - addressing unemployment and inflation issues, increasing fund assistance

Live Mint  

Union Budget 2024: Finance Minister Nirmala Sitharaman will present the Union Budget for 2024-2025 in Parliament today, July 23, 2024, at 11:00 a.m. Minutes before the unveiling of the Union Budget, Shiv Sena MP Priyanka Chaturvedi told ANI, “I hope Nirmala Sitharaman ji will provide some relief from rising inflation and unemployment and the government will talk about 'Jan ki …

Union Budget 2024 Highlights: Record High Capex In Budget Will Drive The Economy, Says PM Modi
5 months ago

Union Budget 2024 Highlights: Record High Capex In Budget Will Drive The Economy, Says PM Modi

ABP News  

Union Budget 2024 Highlights: Hello and welcome to ABP Live's Budget 2024 LIVE blog. Budget 2024 Live GDP Growth Rate: On Monday, the FM presented the Economic Survey ahead of the final Budget and set the focus points for the nation ahead. Union Budget 2024 Trade And Hirings: The survey projected a positive outlook for global trade in 2024 as …

Budget 2024 HIGHLIGHTS: Andhra Pradesh, Bihar major gainers; special focus on jobs, new tax regime
5 months ago

Budget 2024 HIGHLIGHTS: Andhra Pradesh, Bihar major gainers; special focus on jobs, new tax regime

India TV News  

Uttar Pradesh CM Yogi Adityanath's reaction on Union Budget: "Under the guidance of PM Modi, in the new parliament of the country, the Finance Minister has laid down the general budget of the country which is - inclusive, development-oriented and one which will fulfil the aspirations of 140 cr people. The new tax slabs announced in the budget are welcoming." …

Union Budget 2024: Read Finance Minister Nirmala Sitharaman's full speech
5 months ago

Union Budget 2024: Read Finance Minister Nirmala Sitharaman's full speech

India Today  

Union Finance Minister Nirmala Sitharaman presented the first budget of the Narendra Modi government’s third term on Tuesday in Parliament. Budget Priorities Productivity and resilience in Agriculture Employment & Skilling Inclusive Human Resource Development and Social Justice Manufacturing & Services Urban Development Energy Security Infrastructure Innovation, Research & Development and Next Generation Reforms Subsequent budgets will build on these, and …

Budget speech more focused on posturing than action: Congress
5 months ago

Budget speech more focused on posturing than action: Congress

New Indian Express  

NEW DELHI: The Congress on Tuesday claimed that the government seems to have finally come around to "tacitly admitting that mass unemployment is a national crisis" that requires urgent attention, as it slammed Finance Minister Nirmala Sitharaman's budget speech as being "more focused on posturing than action". Congress general secretary in-charge communications Jairam Ramesh said, "After ten years of denial …

Budget 2024 Highlights: FM disappoints investors, rewards (some) taxpayers
5 months ago

Budget 2024 Highlights: FM disappoints investors, rewards (some) taxpayers

Hindustan Times  

July 23, 2024 9:02 PM IST Budget 2024 LIVE Updates: Supriya Paul, CEO & Co- Founder, Josh Talks, said, “The Union Budget 2024-25 represents a significant stride towards Bharat's development. The allocation of ₹1.48 lakh crore towards education, employment, and skills development is a substantial investment. By enhancing the quality of education and training, we are equipping our youth with …

Sitharaman to present Budget 2024: Understanding the Budget, its impact on India's economy
5 months ago

Sitharaman to present Budget 2024: Understanding the Budget, its impact on India's economy

India TV News  

Finance Minister Nirmala Sitharaman will present the Union Budget 2024–25 on Tuesday, marking the first budget of Prime Minister Narendra Modi's third successive government. By adjusting tax policies and government spending, the budget can incentivize business investments, boost economic activity, and address public needs such as education and healthcare. The presentation of the Union Budget 2024–25 will be a critical …

Old vs new pension scheme: Will Budget 2024 offer 50% of last drawn salary as annuity?
5 months ago

Old vs new pension scheme: Will Budget 2024 offer 50% of last drawn salary as annuity?

Firstpost  

Amid calls to restore old pension scheme, government is considering a proposal to increase pension benefits under National Pension System. Reports suggest Finance Minister Nirmala Sitharaman may announce a 50% pension guarantee of employees’ last drawn salary in Budget 2024. File Photo Amid calls, including from Opposition parties, for restoration of old pension scheme, Narendra Modi government is likely to …

Budget 2024: JNU, DU hope for increased education funding to boost innovation, entrepreneurship
5 months ago

Budget 2024: JNU, DU hope for increased education funding to boost innovation, entrepreneurship

The Hindu  

As the nation gears up for Budget 2024-25, the vice-chancellors of Delhi University and Jawaharlal Nehru University expressed hope for increased investment in education to boost entrepreneurship, and innovation, and help the country become a knowledge power. Some experts in the education sector also urged the government to reduce the GST slab on educational products and services from 18% to …

Budget 2024: Will Nirmala Sitharaman bring cheer to middle-class with income tax changes?
5 months ago

Budget 2024: Will Nirmala Sitharaman bring cheer to middle-class with income tax changes?

Hindustan Times  

The Union Budget 2024 could provide Income Tax relief for low earners looms large amid rising prices in the country. Experts believe that a reduction in Income Tax could address economic challenges in the country as Finance Minister Nirmala Sitharaman is set to present the Union Budget for the fiscal year 2024-25 on July 23. This change would boost consumption, …

Union Budget 2024: A look at 5 big themes before Sitharaman reveals cards
5 months ago

Union Budget 2024: A look at 5 big themes before Sitharaman reveals cards

Firstpost  

As the country waits with bated breaths for the 2024 Union Budget, here’s a look at some of the big themes experts believe will take centre stage With the completion of the customary Halwa Ceremony, Finance Minister Nirmala Sitharaman is all set to table the 2024 Union Budget. Key themes before Sitharaman shows her cards According to analysts, the following …

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