Budget 2024 Expectations: Job Security, Tax Cuts, GenZs Hope Big From Union Budget
Budget 2024 Expectations: Job Security, Tax Cuts, GenZs Hope Big From Union Budget
Budget 2024 Expectations: Know key areas where GenZs hopes and expectations from the Union Budget lie.

Budget 2024: As the Union Budget takes centre stage in this pivotal election year for India, all eyes are eagerly fixed on the much-anticipated Budget. Gen Z, the generation born between the mid-1990s and the early 2010s, has a unique set of priorities and concerns they bring to the table when it comes to the Union Budget. While some of their aspirations overlap with previous generations, others reflect 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 where GenZs hopes and expectations from the Union Budget lie:

Hunch, a social discovery platform, in a user-generated poll revealed that job opportunities hold substantial importance for Gen Z in the Union Budget 2024-25.

Key findings of the poll;

Job Opportunities

Hunch said according to the poll results on its platform, 60.9% of 3250 GenZ are eagerly anticipating a substantial surge in job opportunities, emphasising the current job market scenario.

Tax Cuts

22.6% of GenZ users of the Hunch app have expressed expectations for potential tax cuts, while 16.5% have emphasised the crucial importance of measures ensuring job security.

Hunch said this shows that today’s youth are particularly mindful of seeking tax incentives and ensuring protection against economic downturns and job losses.

These diverse expectations underscore a spectrum of individual concerns, collectively indicating a shared aspiration for – economic stability.

Tax cuts and assurances of stable employment opportunities are pivotal components in realising this overarching objective, the poll added.

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