{"id":84998,"date":"2026-01-30T17:50:56","date_gmt":"2026-01-30T12:20:56","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=84998"},"modified":"2026-01-30T17:50:56","modified_gmt":"2026-01-30T12:20:56","slug":"tonnage-tax-scheme","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/tonnage-tax-scheme\/","title":{"rendered":"Tonnage Tax Scheme, Eligibility, Purpose, Tenure, Impact"},"content":{"rendered":"

The <\/span>Tonnage Tax Scheme<\/b> is a special taxation regime designed for the <\/span>shipping industry<\/b> to simplify tax compliance and incentivize investment in vessels. Initially introduced in <\/span>2004 under the Indian Finance Act, 2004<\/b>, the scheme was available only to <\/span>sea-going ships<\/b> operating in international or coastal waters.<\/span><\/p>\n

Recently, the scope of the scheme has been expanded to include <\/span>inland vessels registered under the Inland Vessels Act, 2021<\/b>. This move aligns with the government\u2019s vision to <\/span>promote inland water transport<\/b>, which is cost-effective, environmentally friendly, and helps decongest road and rail transport.<\/span><\/p>\n

Read about: Direct Tax<\/a><\/strong><\/p>\n

Tonnage Tax Scheme Features<\/b><\/h2>\n

The features of the Tonnage Tax Scheme are:<\/span><\/p>\n