Finance Minister Nirmala Sitharaman says,... ... Union Budget 2024 Live: Standard Deduction for salaried employees hiked to Rs 75,000

 Finance Minister Nirmala Sitharaman says, "...One month wage to all persons newly entering the workplace in all formal sectors. Direct Benefit Transfer of one month salary in 3 instalments to first-time employees as registered in the EPFO will be up to Rs 15,000. The eligibility limit will be a salary of Rs 1 lakh per month. The scheme will benefit 210 lakh youth."