Budget 2024: How will EPFO enrolment benefit first-time employees? FM Sitharaman proposes 3 schemes
Budget 2024: With an aim to recognise first-time employees, Union Finance Minister Nirmala Sitharaman on Tuesday announced three employment-linked incentive schemes for employers and employees based on enrolment in the Employees’ Provident Fund Organisation (EPFO). These three schemes, including Scheme A (one month’s salary for freshers), Scheme B (job creation in manufacturing), and Scheme C…