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Presumptive tax benefit extended to non-resident cruise ship owners
The New Indian Express Mangaluru
|January 23, 2025
THE government has notified presumptive tax for non-residents engaged in the business of operation of cruise ships.
The move is aimed at promoting investment and employment in the country.
In a notification issued on Tuesday, the Central Board of Direct Taxes (CBDT), which regulates corporate and personal taxes in India, laid down the conditions for availing the presumptive taxation benefits.
This story is from the January 23, 2025 edition of The New Indian Express Mangaluru.
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