Current Affairs · Union Budget

With reference to the Union Budget 2024-25 / 2025-26 fiscal framework, consider the following statements: 1. The fiscal deficit for FY25 was estimated at 4.9% of GDP in the regular budget, with a target to reduce it below 4.5% in subsequent years. 2. Under the revised New Tax Regime, standard deduction and tax slabs were restructured to provide relief to salaried employees. 3. The budget announced the launch of the PM E-Drive scheme to support the adoption of electric vehicles. Which of the statements given above is/are correct?