Question

Consider the following statements in regards to Union Budget 2023-24: 1.    The Government intends to bring the fiscal deficit below 4.5 per cent of GDP by 2025-26 2.    The highest surcharge rate on income above 5 crores from 37% to 25% 3.    Taxes on cigarettes increased by 20 per cent   Which of the statements given above is/are incorrect?

A 1 only
B 2 only
C 3 only
D All
E None
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