Budget 2024: FM announces 3 employment-linked incentives

Name: Budget 2024: FM announces 3 employment-linked incentives
Uploaded: 2024-07-23T16:27:01+05:30
Duration: 1 min 17 s
Description: Finance Minister Nirmala Sitharaman said, One-month wage to all persons newly entering the workplace in all formal sectors. Direct Benefit Transfer of one-month salary in 3 instalments to first-time employees as registered in the EPFO will be up to Rs 15,000. The eligibility limit will be a salary of Rs 1 lakh per month. The scheme will benefit 210 lakh youth.

Finance Minister Nirmala Sitharaman said, "One-month wage to all persons newly entering the workplace in all formal sectors. Direct Benefit Transfer of one-month salary in 3 instalments to first-time employees as registered in the EPFO will be up to Rs 15,000. The eligibility limit will be a salary of Rs 1 lakh per month. The scheme will benefit 210 lakh youth.

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Written By: Zee Business Video Team

Updated on: July 23, 2024, 04.27 PM IST