[π]π ey.com
1 February 2026 Tax Alert β Key announcements of Union Budget 2026
Budget 2026β27: Reinforcing defence
capability growth through enhanced capital
allocation
This yearβs Budget allocation deepens investment in future-focused technologies, domestic
industry and operational readiness, advancing Indiaβs steady march toward a future-ready force.
Pawan Khatter
Partner and National Leader,
[π]π ey.com
1 February 2025 Tax Alert β Key announcements of Union Budget 2025
Government continues modernization efforts and
enhancement of indigenisation in Defense sector
Impetus to Industry for R&D efforts through increased
allocation for Make projects
Pawan Khatter
Partner and National Leader
Aerospace and Defense
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