Budget 2024: Big Employees' Provident Fund Move As Modi Govt Focuses On Middle Class | Nirmala

On July 23, Finance Minister Nirmala Sitharaman announced three new schemes in her Budget 2024 speech for employment-linked incentives as part of the Prime Minister's package. These initiatives aim to boost employment through the Employees' Provident Fund Organization (EPFO), focusing on recognizing first-time employees and providing support to both employees and employers.