Budget 2024 Proposes Incentives To Boost MRO Activities In Aviation, Shipping

In the Union Budget for fiscal year 2024-25, which was presented by Finance Minister Nirmala Sitharaman on Tuesday, the government has proposed certain incentives to boost maintenance, repair and overhaul (MRO) activities in the aviation and shipping sectors.The government has extended the period for export of goods imported for repairs from six months to one year.“To promote domestic aviation
In the Union Budget for fiscal year 2024-25, which was presented by Finance Minister Nirmala Sitharaman on Tuesday, the government has proposed certain incentives to boost maintenance, repair and overhaul (MRO) activities in the aviation and shipping sectors.The government has extended the period for export of goods imported for repairs from six months to one year.“To promote domestic aviation
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