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29 September 2020 The on-line newspaper devoted to the world of transports 16:08 GMT+2

May 31, 2001

Shipping ministry proposes introduction of tonnage tax

LONDON: The shipping ministry has made out a strong case for introduction of 'tonnage tax' instead of the existing 'corporate tax' to create a competitive tax regime for the burgeoning shipping industry in India, Arun Jaitley, minister for shipping, law, justice and company affairs has said.

"The tonnage tax issue is now only the key outstanding issue ......
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