https://www.taxtmi.com/news?id=57954 A national programme to build vessels through joint ventures with oil public sector undertakings centralises demand aggregation via the national shipping corporation to expand domestic fleet capacity and reduce reliance on foreign shipping. Supporting measures include extension of the Shipbuilding Financial Assistance Scheme, creation of a Maritime Development Fund, launch of the Shipbuilding Development Scheme, granting infrastructure status to large vessels, customs duty exemptions for shipbuilding components, and extension of the tonnage tax regime to inland vessels to strengthen long-term financing and competitiveness. en-us Mon, 06 Oct 2025 23:16:02 +0530 Mon, 06 Oct 2025 23:16:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=57954 A national programme to build vessels through joint ventures with oil public sector undertakings centralises demand aggregation via the national shipping corporation to expand domestic fleet capacity and reduce reliance on foreign shipping. Supporting measures include extension of the Shipbuilding Financial Assistance Scheme, creation of a Maritime Development Fund, launch of the Shipbuilding Development Scheme, granting infrastructure status to large vessels, customs duty exemptions for shipbuilding components, and extension of the tonnage tax regime to inland vessels to strengthen long-term financing and competitiveness. News - Mon, 06 Oct 2025 23:16:02 +0530 https://www.taxtmi.com/news?id=57954