https://www.taxtmi.com/news?id=65868 Japan approved a record defence budget for fiscal 2026 exceeding 9 trillion yen to accelerate a programme to reach a 2% of GDP defence spending target, funding expanded long-range and standoff missile capability, rapid deployment of Type-12 surface-to-ship missiles, unmanned air/sea/underwater systems under a "SHIELD" scheme, joint weapons development, and measures to strengthen the domestic defence industry and arms exports, with parliamentary approval required for implementation. en-us Fri, 26 Dec 2025 14:31:04 +0530 Fri, 26 Dec 2025 14:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=65868 Japan approved a record defence budget for fiscal 2026 exceeding 9 trillion yen to accelerate a programme to reach a 2% of GDP defence spending target, funding expanded long-range and standoff missile capability, rapid deployment of Type-12 surface-to-ship missiles, unmanned air/sea/underwater systems under a "SHIELD" scheme, joint weapons development, and measures to strengthen the domestic defence industry and arms exports, with parliamentary approval required for implementation. News - Fri, 26 Dec 2025 14:31:04 +0530 https://www.taxtmi.com/news?id=65868