https://www.taxtmi.com/news?id=31203 A presumptive taxation regime for non-resident cruise ship operators applies only where the operator runs passenger ships for leisure meeting prescribed size and capacity criteria, conducts scheduled voyages or shore excursions touching at least two Indian seaports (or the same port twice), carries passengers primarily rather than cargo, and complies with procedures or guidelines issued by the Ministry of Tourism or Ministry of Shipping; an exemption covers lease rental income of a foreign company from a related operator of such ships in India. en-us Thu, 23 Jan 2025 14:37:14 +0530 Thu, 23 Jan 2025 14:37:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=31203 A presumptive taxation regime for non-resident cruise ship operators applies only where the operator runs passenger ships for leisure meeting prescribed size and capacity criteria, conducts scheduled voyages or shore excursions touching at least two Indian seaports (or the same port twice), carries passengers primarily rather than cargo, and complies with procedures or guidelines issued by the Ministry of Tourism or Ministry of Shipping; an exemption covers lease rental income of a foreign company from a related operator of such ships in India. News - Thu, 23 Jan 2025 14:37:14 +0530 https://www.taxtmi.com/news?id=31203