Jammu, 23-07-2024: Sh. Arun Gupta, President Chamber of Commerce & Industry, welcomed the Union Budget presented by the Smt. Nrimla Sitaraman, Hon’ble Union Finance Minister in which she has increase the tax limit upto 3.00 lakhs and from 3-7 lakhs tax will be levied at 5%. Further he custom duty has also been reduced on some products will also benefit the general public . Scheme for providing intership opportunities in 500 top companies to one crore youth in five years.
Mudra Loan eligibility limit has been enhanced from present 10 lakhs to 20 lakhs under Tarun Category.Twelve Industrial parks under the National Industrial Corridor Development program. Encouraging states to lower stamp duties for properties purchased by women. In Prime Minister Surya Ghar Mufat Bijli Yojana, 1 Crore Households obtain free Electricity are also welcomed.
The announcement of investment-ready plug-and-play Industrial parks to be developed in nearly 100 cities is also a welcome step.