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The Indian Space Association (ISpA) has proposed a wishlist for the 2026-27 Union Budget, advocating for a new Space Act, formal infrastructure status for IN-SPACe, and enhanced fiscal support to elevate India among the top three spacefaring nations. Key requests include a productivity linked incentive scheme, a five-year tax holiday, increased FDI limits, and mandates for government procurement from Indian private entities. ISpA emphasizes the need for tax credits for R&D and a stable regulatory environment to bolster the growing space sector.