ADVERTISEMENT

Budget 2024: One Crore Youth Will Directly Benefit From Our Internship Scheme, Says Finance Minister

Catch all the latest updates from the Union Budget 2024, presented by Finance Minister Nirmala Sitharaman in the Lok Sabha. This will be Modi 3.0 government's first budget.

NDTV Profit
New Delhi: Union Finance Minister Nirmala Sitharaman addresses a post-Budget press conference, in New Delhi, Tuesday, July 23, 2024. (PTI Photo/Shahbaz Khan)
ADVERTISEMENT
Today, Finance Minister Nirmala Sitharaman will unveil the Union Budget 2024 in Lok Sabha, marking the first budget of the Narendra Modi government's third term and her seventh presentation. Following an interim spending bill in February, this budget arrives after the National Democratic Alliance's return to power with a reduced majority in June.
LIVE FEED
Latest First
  • Oldest First

WATCH | FM Sitharaman's Press Conference

The Intention Behind Tax Collection Of Asset Classes Is Simplification, Says Finance Minister

Explaining the rationale behind tax collection of asset classes Finance Minister said, "The intention is not revenue generation but simplification. So that no one has confusion on it."


Looking At Providing Input Support To Farmers, Finance Minister

It is important to reach to the farmers and today they require better inputs, technology and high-quality seeds. The 109 seeds that have been developed by the Indian scientist will be given to the framers by the government. The government is also looking at giving input support to the farmers.


One Crore Youth Will Directly Benefit From Our Internship Scheme, Finance Minister

The government is working with private sector by offering them incentives to offer jobs to the youth, said Nirmala Sitharaman. The government is also working with the companies to provide ITI training to the youth in the state. She also said that one crore youths will directly benefit as the government will talk to over 500 companies to offer them job through CSR.


Number Of People Subject To Angel Tax Was Very Small, Said Finance Secretary

Talking about the angel tax T.V. Somanathan, Finance Secretary said that hardly anything was collected through it and the number of people subject to the tax was small. He further added that there are other alternatives to Angel Tax in the IT rule.


Involvement Of Private Sector In First Three Employment Schemes Is Almost Passive, Says Finance Secretary

The first three employment schemes are for the people recruited in the private sector, said T.V. Somanathan, Finance Secretary making the involvement of the companies very passive. He further said that they are not being directed to recruit anyone and have no obligation to do anything.

























































































































































OUR NEWSLETTERS
By signing up you agree to the Terms & Conditions of NDTV Profit