Budget Budget proposes incentives for manufacture of training aircraft, seaplanes February 1, 2026 gopalkumarthakur@gmail.com The Finance Minister has proposed removal of the 5% basic customs duty currently applicable on ‘components and parts required for the manufacture of civilian, training and other aircraft’ Related posts: PLI for curbing import dependency in long-term, duty rationalisation in short-term: Wind Energy Industry’s wish list for Union Budget Budget 2026: Vedanta urges policy push for low-grade iron ore beneficiation Economic Survey 2025-26: Centre remains well on track to achieve 4.4% fiscal deficit target for FY26 Union Budget 2026-27: Confident it will be very good, says Piyush Goyal