Budget 2024 Expectations: Job Security, Tax Cuts, GenZs Hope Big From Union Budget – News18

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Budget 2024 Expectations: Job Security, Tax Cuts, GenZs Hope Big From Union Budget – News18


Union Budget 2024-25: Hunch in a ballot revealed that job alternatives maintain substantial significance for GenZs. (Representative picture)

Budget 2024 Expectations: Know key areas the place GenZs hopes and expectations from the Union Budget lie.

Budget 2024: As the Union Budget takes centre stage on this pivotal election 12 months for India, all eyes are eagerly mounted on the a lot-anticipated Budget. Gen Z, the era born between the mid-Nineteen Nineties and the early 2010s, has a novel set of priorities and considerations they create to the desk relating to the Union Budget. While a few of their aspirations overlap with earlier generations, others replicate their distinct experiences and values.

Also Read: Budget Expectations Income Tax: ‘Increase Basic Tax Relief To Rs 3.5 Lakhs, More Exemptions Under 80C’

Here are some key areas the place GenZs hopes and expectations from the Union Budget lie:

Hunch, a social discovery platform, in a ballot revealed that job alternatives maintain substantial significance for Gen Z within the Union Budget 2024-25.

Key findings of the ballot;

Job Opportunities

Hunch mentioned in keeping with the ballot outcomes on its platform, 60.9% of 3250 GenZ are eagerly anticipating a considerable surge in job alternatives, emphasising the present job market state of affairs.

Tax Cuts

22.6% of GenZ customers of the Hunch app have expressed expectations for potential tax cuts, whereas 16.5% have emphasised the essential significance of measures making certain job safety.

Hunch mentioned this reveals that right this moment’s youth are significantly aware of searching for tax incentives and making certain safety in opposition to financial downturns and job losses.

These various expectations underscore a spectrum of particular person considerations, collectively indicating a shared aspiration for – financial stability.

Tax cuts and assurances of secure employment alternatives are pivotal parts in realising this overarching goal, the ballot added.



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