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Home›News›Shipping cos flag out vessels to avert taxes
News

October 21, 2005 · about 21 years ago

Shipping cos flag out vessels to avert taxes

Indian shipping firms are increasingly opting to flag out their vessels to zero tax regimes to escape the 12-odd taxes in India, including FBT, service tax and dividend tax among others.

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Indian shipping firms are increasingly opting to flag out their vessels to zero tax regimes to escape the 12-odd taxes in India, including FBT, service tax and dividend tax among others.

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