https://www.taxtmi.com/news?id=32381 The budget cuts the civil aviation ministry allocation and lowers direct funding for the UDAN regional connectivity scheme while redesigning UDAN to extend connectivity to additional destinations and to support helipads and smaller airports in hilly, aspirational and North East districts. Separate budget adjustments increase allocations for DGCA and BCAS, raise Customs Cost Recovery charges for tier II/III city airports, and provide funds to Air India Asset Holding Ltd for servicing loans transferred under Air India's financial restructuring. UDAN funding is directed to airport revival, commencement of RCS routes, and Viability Gap Funding for North East connectivity. en-us Sat, 01 Feb 2025 14:46:03 +0530 Sat, 01 Feb 2025 14:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=32381 The budget cuts the civil aviation ministry allocation and lowers direct funding for the UDAN regional connectivity scheme while redesigning UDAN to extend connectivity to additional destinations and to support helipads and smaller airports in hilly, aspirational and North East districts. Separate budget adjustments increase allocations for DGCA and BCAS, raise Customs Cost Recovery charges for tier II/III city airports, and provide funds to Air India Asset Holding Ltd for servicing loans transferred under Air India's financial restructuring. UDAN funding is directed to airport revival, commencement of RCS routes, and Viability Gap Funding for North East connectivity. News - Sat, 01 Feb 2025 14:46:03 +0530 https://www.taxtmi.com/news?id=32381