New Delhi, July슬롯 머신 사이트 추천23:슬롯 머신 사이트 추천Finance Minister Nirmala Sitharaman presented the Union Budget 2024 on Tuesday, July 23. She announced three employment-linked incentive schemes under the Prime Minister's package, all closely linked to the Employees' Provident Fund Organisation (EPFO). The schemes focus on the recognition of first-time employees and support employees and employers. Please provide details about all슬롯 머신 사이트 추천three schemes.

The Finance Minister outlined nine key priorities in the budget, with employment and skilling as the second focus. She then detailed three major employment-linked incentives under the Prime Minister's package.슬롯 머신 사이트 추천"Government to set up three schemes for employment generation. Scheme for first-timers to provide one-month wage to all persons newly entering the workforce in all sectors. First-time employment scheme to benefit 2.1 crore lakh youths," said the FM.슬롯 머신 사이트 추천Union Budget 2024: Finance Minister Nirmala Sitharaman Proposes 슬롯사이트Vatsalya슬롯사이트� Pension Scheme for Minors in Budget 2024-25.

Scheme 1: For First Timers

The scheme will provide a month슬롯사이트s wage to all new employees entering the workforce in formal sectors. First-time employees registered with the EPFO will receive a direct benefit transfer of one month슬롯사이트s salary, up to Rs 15,000, distributed in three instalments. The eligibility limit is set at Rs 1 lakh per month. This initiative is expected to benefit 210 lakh youths.슬롯 머신 사이트 추천Union Budget 2024: Finance Minister Nirmala Sitharaman Lays Out Nine Priorities of Modi Government.

FM Sitharaman Announcing First Schemes for Employment Generation

 

Scheme 2: Job Creation Within the Manufacturing Sector

this scheme aims to encourage more jobs in the manufacturing sector by supporting the hiring of first-time employees. Both the employee and employer will receive incentives related to EPFO contributions for the first four years of employment. This scheme is expected to benefit 30 lakh young people and their employers.

Scheme 3: EPFO Subsidy for New Jobs

This scheme targets employers and covers new jobs in all sectors. For employees earning up to Rs 1 lakh per month, the government will reimburse employers up to Rs 3,000 per month for EPFO contributions for two years. This is expected to encourage the creation of 50 lakh new jobs.

(The above story first appeared on LatestLY on Jul 23, 2024 02:07 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).