New tonnage tax law promises significant gains for domestic shipping firms
Domestic shipping companies stand to gain from the expansion of tonnage tax scheme proposed in the new Income Tax Bill, 2025. The relaxation has been
Domestic shipping companies stand to gain from the expansion of tonnage tax scheme proposed in the new Income Tax Bill, 2025. The relaxation has been
According to a CRISIL report, domestic shipping companies’ revenue and margins have declined in the current fiscal year after increasing by 35% in fiscal 2023 due to a spike in charter rates brought on by the disruption of international seaborne trade brought on by the conflict between Russia and Ukraine and pent-up demand following the pandemic. It is anticipated that the revenue growth of domestic shipping companies will continue to decline. According to a CRISIL Ratings assessment, domestic shipping businesses’
On December 2, the government presented a bill to the Lok Sabha with the goal of modernizing and simplifying the maritime sector. Several revolutionary methods
Domestic shipping companies stand to gain from the expansion of
According to a CRISIL report, domestic shipping companies’ revenue and margins have declined in the current fiscal year after increasing by 35% in fiscal 2023 due to a spike in charter rates brought on by the disruption of international seaborne trade brought on by the conflict between Russia and Ukraine and pent-up demand following the pandemic. It is anticipated that the revenue growth of domestic
On December 2, the government presented a bill to the
