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of <h1>Maritime Professionals Must Complete Mandatory Training to Qualify for Tonnage Tax Scheme Under New Shipping Regulations</h1> A new legislative provision in India's tax framework mandates minimum training requirements for shipping companies under the tonnage tax scheme. Companies must train officers according to guidelines issued by the Director-General of Shipping and provide annual compliance certificates. Failure to meet training requirements for five consecutive years results in disqualification from the tax scheme, aiming to develop maritime human resources and align industry standards with international practices.
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