<h1>Fiscal deficit management maintained while retaining tax rates and extending targeted taxpayer reliefs and state financing.</h1> The Budget retains existing direct and indirect tax rates while providing targeted taxpayer reliefs, including withdrawal of small outstanding direct tax demands from earlier years and extensions of certain tax incentives for start ups and IFSC units. It continues a long tenor interest free loan scheme to states for capital expenditure, increases capital outlay to support infrastructure including priority railway corridors, and presents revised and budget estimates focusing on managing the fiscal deficit and planned market borrowings.