Interim Budget: India's space sector seeks liberal FDI policy, production-linked incentive, and GST exemption. They also want lower tax rates, reduced withholding tax, and a comprehensive regulatory framework. The industry body, ISpA, demands PLI for space manufacturing and components. They urge the government to procure and adopt space tech solutions and provide reasonable spectrum usage charges. Satellite operators should have depreciation and capital subsidy for infrastructure investments. IN-SPACe projects the space economy to reach USD 44 billion by 2033.
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