Budget 2024 Expectations: Income tax relief likely for salaried employees?

…Budget 2024 Expectations Live Updates: Expectations of education sector from Nirmala Sitharaman

Budget 2024 Expectations Live Updates: Vandana Mahajan, Founder and Director Futures Abroad says, “The biggest challenge today is the rising tuition fees and cost of living for higher education in foreign countries, especially with inflation at its peak. To support the global mobility of India’s young talent, policymakers should allocate resources that facilitate international education. Key initiatives should include fostering collaboration between Indian and international universities and creating avenues for cross-cultural learning and research opportunities. Measures to make international education more accessible and affordable are essential. This can involve targeted scholarship schemes for students from smaller cities, tax benefits for families supporting overseas education, and streamlined visa processes. Additionally, offering lower interest rates on education loans will alleviate financial burdens for students and their families, enhancing access to education in the destination of their choice. Reducing air travel fares is also crucial to make global education economically viable for a broader demographic of students. These efforts will foster cultural exchange and elevate India’s representation on the global academic stage.”…