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Raghunandan Saraf, Founder & CEO of Saraf Furniture - reaction on Budget 2024 - This can therefore be considered as a game-changing initiative for workforce development in India: the announcement of a pan-India internship scheme for 1 crore youth in the top 500 companies. Nearly 12 million people enter into the job market every year, so this scheme may claim a fair share of new job seekers. This would greatly increase employability, hence significantly reducing the youth unemployment rate of 23.2%, raising general productivity in the economy.
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https://onlinemediacafe.com/bu....siness/experts-react
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Budget 2024: Good News for Start-Ups as Nirmala Sitharaman Scraps Angel Tax. Here's What It Means
Finance Minister Nirmala Sitharaman on Tuesday brought cheer for start-ups as she abolished angel tax in the Union Budget 2024-25 for all classes of investors. Check what Raghunandan Saraf, Founder & CEO of Saraf Furniture, said the move would take India “towards positioning as a global hub for innovation”. “This would encourage a more risk capital–friendly milieu and, therefore, more likely home-grown global tech giants, besides reducing technology dependence and boosting economic sovereignty in the long run.”
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https://www.news18.com/busines....s/economy/budget-202
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Budget 2024: Angel tax for all classes of investors to be abolished bolstering Indian start-up eco-system - Raghunandan Saraf, Founder & CEO of Saraf Furniture said, "The removal of Angel Tax represents a strategic move in taking India towards positioning as a global hub for innovation. According to officials, the move is in line with India's ambitious target of becoming a $10 trillion economy by 2030, wherein startups are expected to play a very crucial role. This would encourage a more risk capital–friendly milieu and, therefore, more likely home-grown global tech giants, besides reducing technology dependence and boosting economic sovereignty in the long run.
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https://www.businesstoday.in/t....echnology/news/story
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