https://www.taxtmi.com/news?id=69488 Defence budget raised to Rs 7.85 lakh crore for 2026-27 with capital expenditure prioritized at Rs 2,19,306 crore to support modernisation, technological innovation and streamlined procurement. The budget includes targeted tariff measures: exempting basic customs duty on components and parts for manufacture of civilian, training and other aircraft and waiving basic customs duty on raw materials for manufacture of aircraft parts used in maintenance, repair or overhaul by defence units, and increases funding for ex-servicemen welfare under the contributory health scheme. en-us Sun, 01 Feb 2026 16:31:04 +0530 Sun, 01 Feb 2026 16:31:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=69488 Defence budget raised to Rs 7.85 lakh crore for 2026-27 with capital expenditure prioritized at Rs 2,19,306 crore to support modernisation, technological innovation and streamlined procurement. The budget includes targeted tariff measures: exempting basic customs duty on components and parts for manufacture of civilian, training and other aircraft and waiving basic customs duty on raw materials for manufacture of aircraft parts used in maintenance, repair or overhaul by defence units, and increases funding for ex-servicemen welfare under the contributory health scheme. News - Sun, 01 Feb 2026 16:31:04 +0530 https://www.taxtmi.com/news?id=69488