The recent Union Budget has introduced various incentives to boost economic productivity. Consider the following incentives:
1. Reduction in corporate tax rates for new manufacturing firms
2. Interest subsidies for small and medium enterprises (SMEs)
3. Increased customs duties on certain imported luxury goods
4. Expansion of tax-free bonds for infrastructure projects
How many of the above are considered fiscal policy measures?
1
Only one
2
Only two
3
Only three
4
All four