New Delhi, July 27: Hailing the Union Budget 2024-2025, serial investor and entrepreneur Ronnie Screwvala said on Saturday that allocating Rs 2 lakh crore for education and employment is a game changer for the overall growth of the country. Furthermore, the Budget has allocated Rs 1.48 lakh crore specifically for education, employment, and skilling, underscoring the government's commitment to these vital areas.

Screwvala lauded the focus on employment and skilling and making the micro, small and medium enterprises (MSMEs) sector thrive for economic growth and creating 100 million jobs over the next decade. According to the government, the new Budget initiatives are poised to stimulate the MSME sector, enhance the employability of the workforce, and provide much-needed support to the middle class, ultimately driving inclusive growth and sustainable development for the nation.슬롯 머신 사이트 추천Union Budget 2024: Finance Minister Nirmala Sitharaman Cuts Fiscal Deficit to 4.9% To Keep Economy on Stable Growth Path.

슬롯사이트œWith skilling comes innovation that will lead us to be a creator economy vs a replicator or outsourcing economy. Intellectual Property creation is the wealth of any nation and economy,슬롯사이트� he said. 슬롯사이트œBudget spends are on the right priorities with Defence, rural, education and agriculture in the top five. This is the right way to unlock India슬롯사이트™s demographic dividend,슬롯사이트� added Screwvala, co-founder and Chairman of edtech platform upGrad.슬롯 머신 사이트 추천Union Budget Reflects PM Narendra Modi슬롯사이트™s Vision for India슬롯사이트™s Growth, Says Madhya Pradesh Finance Minister Jagdish Devda.

Internships and empowering women take the budget to the core of what will make India shine. On long-term capital gains (LTCG) tax, the entrepreneur said India is one of the lowest capital gains tax countries. Under the new tax rules, stock investing will attract a 12.5 per cent LTCG (previously 10 per cent) and 20 per cent Short-Term Capital Gains tax (previously 15 per cent). India슬롯사이트™s capital gains tax remains one of the lowest globally, excluding tax havens such as Hong Kong, Singapore and the UAE.

(The above story first appeared on LatestLY on Jul 27, 2024 04:20 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).