Question
According to Union Budget 2023-24, consider the following statements regarding the Personal Indirect Tax: 1. It is proposed to increase the rebate limit to Rs 7 lakh in the both tax regime. 2. It is proposed to change the tax structure in only new tax regime by reducing the number of slabs to five. 3. Tax exemption limit has been increased to 3 lakh. Which of the above statements is/are correct?
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