Sinha, Shishir creator text Yojana monographic eng

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68(9), Sep, 2024: p.25-28 The union budget 2024-25 focuses on achieving a $10 trillion GDP by 2033 and a ‘developed country’ status by 2047 through a virtuous cycle involving salaried individuals and consumers. Key measures include rising the standard deduction, changing tax slabs, introducing the employment linked incentive (ELI) schemes, and a paid internships, schema. For consumers, the budget aims to increase disposable income and reduce prices, with actions such as reduced customs duties and plans for GST rat rationalism. The budget emphasizes enhancing regular income and consumption, to support economic growth. – Reproduced Yojana 240920