Union Budget 2015 India Predictions: Bring ATF under declared goods, expect MRO tax sops

Aviation companies are hoping for tax incentives for maintenance, repair and overhaul (MRO), in the upcoming Union Budget

The Civil Aviation Ministry on its part has already pitched for the same and also called for easing of customs norms for the Indian MRO industry. The ministry believes this will make domestic units economically viable, while also giving a fillip to Prime Minister Narendra Modi’s ‘Make in India’ campaign.

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