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TONNAGE TAX SCHEME
Indian ports turning into logistics and industrial hubs, shipping secretary tells investors in SingaporeIndia's ports are becoming major logistics hubs. Cargo capacity has doubled and will reach 3,500 million tonnes per annum by 2030. The nati...- Budget 2026: FinMin shares status of key direct tax reforms for investors, startups and aam aadmiIndia's government has finalized key direct tax reforms to boost investment and simplify compliance. Measures include clarified taxation fo...
- Nuvama initiates coverage on Ashish Kacholia-backed stock with Rs 2,500 target, cites 3 bullish triggersNuvama Institutional Equities has initiated coverage on Knowledge Marine & Engineering Works with a ‘Buy’ rating and a target price of Rs 2...
- Shipping ministry seeks duty cuts for tax parity with foreign flagged shipsThe shipping ministry is pushing for tax parity between domestic and foreign-flagged ships to level the playing field. Indian shippers face...
- Fresh plan in the works to promote Indian ships for higher cargo shareIndia is preparing a new plan. This plan aims to boost Indian ships. The current scheme is likely to miss targets. The government wants to ...
- Tonnage Tax law to ship in big gains for domestic firmsDomestic shipping companies in India are set to benefit from the proposed expansion of the tonnage tax scheme in the new Income Tax Bill, 2...
- Domestic shipping companies to gain from new tonnage tax law in IT Bill 2025The new Income Tax Bill, 2025, proposes to expand the tonnage tax scheme to include Indian inland vessels, previously excluded from this be...
- Budget 2025: Shipping gets a blast of wind in its sailsIndia is set to boost its shipbuilding industry with the announcement of a ₹25,000-crore Maritime Development Fund and development of new s...
- Budget 2025: Nirmala Sitharaman announces Maritime Development Fund of Rs 25,000 crore for long-term financingFinance Minister Nirmala Sitharaman announced a Maritime Development Fund with a corpus of Rs 25,000 crore to support the maritime industry...
- Union Budget 2025: Indian shipping gets a budget bonanzaUnion Budget 2025: The Budget 2025-26 has introduced incentives for domestic shipbuilding, recycling, and inland waterways. Finance Ministe...
- India aims to have 5% global market share in ship building: Shipping Minister G K VasanVasan said the govt has mooted plans to develop ancillary units for the ship building sector, which has potential to create 2.5 mn jobs.
- Maltese tonnage tax scheme under European Commission lensThe European Commission (EC) has announced an in-depth investigation into the Maltese tonnage tax scheme to see examine whether it is compa...
- Shipping industry needs stimulusAmid inflationary pressures and uncertain global economic environment, Union finance minister has a plenty of issues to take into notice.
- Coastal operators' body shift gears to be with timesCoastal operators’ body, Indian Coastal Conference (ICC) is all set and stand rechristened to play an active role in Indian coastal waters.
- Indian shipping & ship-buildingThe smart rebound in India's external trade draws attention to our shipping policy.
- Govt may give interest subsidy to keep shipping cos afloatThe government may bail out the shipping sector from rising cost of borrowings by providing 2-3% interest subsidy.
- Retail sector may get service tax reliefThe retail industry is large user of outsourced manpower services. Service tax is at present being levied on the service providers not on t...
- Anto T JosephFour international financial investors will acquire a 40% stake in Pipavav Shipyard. New York Life, Indus Capital and Trinity Capital have ...
- Daridra Narayan in a three-piece suitP Chidambaram's Budget is simply an economic statement reflecting the CMP.
- The ABC of BudgetHere's a glossary of all those Budget jargon you always wanted to know.
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