Three employment-linked incentive schemes to be implemented as ...

3 schemes: 1-month wage for new workforce, incentives for manufacturing jobs & EPFO contribution reimbursement for 2 years.

News Budget

July 23, 2024

Three employment-linked incentive schemes to be implemented as part of Prime Minister's package. First scheme provides one-month wage to new workforce entrants across formal sectors, benefiting 210 lakh youth. Second scheme incentivizes additional manufacturing employment linked to first-time employees, expected to benefit 30 lakh youth and employers. Third employer-focused scheme covers additional employment across sectors with government reimbursing EPFO contribution for 2 years, expected to incentivize 50 lakh additional jobs.

View Source

← Previous Next →

Three employment-linked incentive schemes to be implemented as ...

3 schemes: 1-month wage for new workforce, incentives for manufacturing jobs & EPFO contribution reimbursement for 2 years.

News Budget

July 23, 2024

You may also like:

Hostel accommodation services provided for 10 months' duration are exempt under Serial Number 12 of Notification 12/2017-Central Tax (Rate), as per the Madras High Court...

Challenging the constitutional validity of the Electoral Bond Scheme “Electoral Bond Scheme” or “Scheme” - The Supreme Court held that, the Electoral Bond Scheme, the...

Disallowance u/s 2(24)(x) r.w.s. 36(1)(va) - assessee shall within fifteen days of the close of every month pay the same to the fund such contribution and the expression...

Amendment in Chapter 3 Schemes of Foreign Trade Policy - Incremental Exports Incentivisation Scheme Reg. - Notification

Validity of assessment order passed u/s 153(1) - Period of limitation - In this case, since, the Assessing Officer cannot invoke jurisdiction u/s.144C(1) and pass draft...

Revenue or capital receipt - sales tax subsidy/incentive under the Package Scheme of Incentives Scheme, 1993 - The High Court held that the sales tax subsidy/incentive...

Condonation of delay - period of limitation in filing first appeal before fist appellate authority - Section 107 of the UPGST Rules, 2017 - appeal filed beyond 3 months...

Maintainability of appeal against Scrutiny assessment u/s 143(3) or intimation u/s 143(1) - Cause of action - The ITAT notes that the assessment under section 143(3)...

Statutory provisions regarding restoration of a company's name on the Register of Companies maintained by the Registrar of Companies (ROC) u/s 252(1) and 252(3) of the...

Activity of cutting and polishing of granites amount to manufacture only from 1-3-2006 - HC

Assessment framed without issuing mandatory notice u/s 143(2) by jurisdictional officer. Assessee filed return with Range-1(1), notice u/s 143(2) issued by ITO,...

Sabkas Vishwas (Legacy Dispute Resolution) Scheme, 2019 - amnesty scheme - The prayers made in this writ petition cannot be granted for consideration of the case of the...

This circular amends the requirement under Chapter 1 at Para 4.3.3.1 of the SEBI Master Circular (Stock Exchanges and Clearing Corporations) dated October 16, 2023,...

Valuation - Job Work - In the case in hand, inasmuch as the job-worked goods were sent by the appellants to another job worker for further manufacture and such...

Validity of Cheque/DD/ Pay Order etc will be 3 months w.e.f. 01.04.2012.

Quick Updates: