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GST REDUCTION FOR MRO
India on way to become a global hub for aircraft Maintenance, Repair and Overhaul (MRO): GovernmentIn a written reply in the Lok Sabha, Civil Aviation Minister Kinjarapu Rammohan Naidu said, "The Government has taken various measures to c...- MRO services in India to grow to USD 5.7 billion by 2030The future is bright for India's aviation maintenance industry, set to experience unprecedented growth. Projections indicate that MRO servi...
- Union Budget 2026 Speech PDF Download: FM Nirmala Sitharaman’s full budget textUnion Budget 2026 Speech PDF: Finance Minister Nirmala Sitharaman unveiled the Union Budget 2026-27. The budget focuses on accelerating eco...
- What Budget 2025 can do to smoothen the runway for India's aviation sectorIn 2024, the Indian aviation sector witnessed remarkable growth and reforms, with increased domestic passenger traffic, policy overhauls, a...
- Indian aircraft maintenance, repair & overhaul business to see 50% topline growth in FY26: CrisilThe Indian aircraft MRO industry is set for a 50% growth to Rs 4,500 crore by FY26 due to increased demand from expanding airline fleets. R...
- Budget 2024: Here is Finance Minister Nirmala Sitharaman's full budget speech; Click to readBudget 2024: Finance Minister Nirmala Sitharaman presented the Budget for 2024-25, marking her 7th consecutive presentation. This budget is...
- GST clarification to make Indian MRO industry competitiveThe GST Council's recent decision to implement a uniform 5% tax rate on imports of aircraft parts and components is set to benefit India's ...
- Indian airlines, airports saw financial losses worth Rs 22,400 cr in FY 2020-21Indian airlines and airports incurred financial losses worth Rs 22,400 crore in the last financial year amid the coronavirus pandemic, acco...
- CBIC notifies five percent GST for DEC tablets, MRO services for shipsDEC tablets are used for treatment of Lympahtic Filarisis, an endemic, the elimination programme of which is being conducted in collaborati...
- What is expected from the 43rd GST Council meeting todayA number of states including opposition-ruled ones such as Punjab and West Bengal have demanded either full exemption or zero-rated tax on ...
- GST Council to meet on Friday to take up key issues: Tax on Covid related medical material, compensation cess for FY22Another key issue of compensation shortfall for the second consecutive year is also likely to take centre-stage at a time when states requi...
- Budget 2019 Highlights: Super-rich demonetised, tax sops for e-cars, affordable housesModi government's first Budget comes at a time when the economy is showing signs of slowdown.
- Nirmala Sitharaman’s Union Budget for 2019-20: Key HighlightsAt first glance, it looked like Union Budget 2019 has disappointed Dalal Street.
- Aviation stocks go up on GST cut buzzAt present, the MRO industry is taxed at 18 per cent, making aircraft servicing in India costlier than other countries.
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