https://www.taxtmi.com/news?id=27696 Budget 2024-25 establishes a Prime Minister's package of Employment Linked Incentive schemes providing wage and EPFO-linked support to first-time employees, manufacturing job creation incentives, and employer reimbursement to promote formal hiring; introduces a centrally sponsored skilling programme, internship placements, and expanded Mudra and MSME credit support including a collateral-free guarantee for machinery term loans; and advances tax simplification measures including merged charity exemptions, TDS rationalisation, narrowed reassessment windows with thresholds, capital gains rate revisions, expanded digitalisation of tax services, and appellate monetary limit increases to streamline litigation. en-us Tue, 23 Jul 2024 14:14:13 +0530 Tue, 23 Jul 2024 15:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=27696 Budget 2024-25 establishes a Prime Minister's package of Employment Linked Incentive schemes providing wage and EPFO-linked support to first-time employees, manufacturing job creation incentives, and employer reimbursement to promote formal hiring; introduces a centrally sponsored skilling programme, internship placements, and expanded Mudra and MSME credit support including a collateral-free guarantee for machinery term loans; and advances tax simplification measures including merged charity exemptions, TDS rationalisation, narrowed reassessment windows with thresholds, capital gains rate revisions, expanded digitalisation of tax services, and appellate monetary limit increases to streamline litigation. News - Tue, 23 Jul 2024 14:14:13 +0530 https://www.taxtmi.com/news?id=27696