<h1>Finance Minister Extends Section 80-JJAA Tax Benefits to Footwear and Leather Industries to Boost Employment.</h1> The Union Finance Minister announced the extension of benefits under Section 80-JJAA of the Income-tax Act to the footwear and leather industry, aiming to boost employment. Previously, a 30% deduction was available for emoluments paid to new employees working at least 240 days annually, with a 150-day requirement for the apparel industry. This 150-day minimum is now extended to the footwear and leather sectors. Additionally, the deduction will be rationalized to allow benefits for new employees working less than the minimum period in their first year, provided they meet the requirement in subsequent years.