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As the CEO and founder of Acsia Technologies, a global Automotive ECU software solution and research company headquartered Thiruvananthapuram, Jijimon’s journey from a salaried IT professional to a first-generation entrepreneur.
Finance Minister Nirmala Sitharaman, in the annual budget, set the capex outlay at Rs 11,200 cr for 2025-26, a modest increase from 2024-25.
To encourage skilled employment in tourism, the central government will organise intensive training programmes, including courses in hospitality management.
Outlining her Budget focus, the FM said she had a five-point agenda.
FM announced that the time limit for filing updated returns for any assessment year has been extended from two to four years.
The total tax benefit from slab rate changes and rebates is significant at different income levels.
200 centres will be established in 2025-26 itself.
Sitharaman further said the Centre will set up a national framework for promoting global capability centres in emerging Tier-II cities.
Further, the finance minister announced the enhancement of investment and turnover limit.
This will take Sitharaman closer to the record of 10 budgets that were presented by former Prime Minister Morarji Desai over different time periods.
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