Which of the following statement(s) is/are correct about tax receipts as per the Union Budget 2023?

1. Direct tax receipts is estimated to be 5.1% of GDP as per budget estimate 2023-24.

2. Indirect tax receipts is estimated to be 6% of GDP as per budget estimate 2023-24.

1
1 Only
2
2 Only
3
Both 1 and 2
4
More than one of the above
5
None of the above

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