INS Talwar undertakes refueling with US Navy tanker in Arabian Sea

Date : 2020-08-24

Indian warship INS Talwar undertook refueling with US Navy tanker USNS Yukon in Northern Arabian Sea. It was done under the Logistics Exchange Memorandum of Agreement (LEMOA). The defence agreement allows both countries to work closely & use each other’s bases. In 2016, India and the US inked the Logistics Exchange Memorandum of Agreement (LEMOA) that allows their militaries use each other’s bases for repair and replenishment of supplies as well as provides for deeper cooperation. “INS Talwar on mission-based deployment in Northern Arabian Sea undertook refuelling with @USNavy Fleet Tanker USNSYukon under LEMOA,” Indian Navy tweeted. In the following tweet, the Navy said, “The evolution apart from highlighting interoperability between Indian Navy and US Navy enables presence for enhancing maritime security.” Watch the full video for more.

 

 

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Merchant navy personnel may have to pay taxes on income

Date : 2020-08-24

The income tax department has begun slapping notices on merchant navy personnel, asking them to pay taxes on income earned from working on either Indian or foreign vessels. Until now, merchant navy personnel enjoyed benefits similar to non-resident Indians and did not pay taxes in India. The notices have started pouring in after a June judgment of an income tax tribunal in Kolkata, which held that merchant navy personnel must pay taxes in India.

Although a Kolkata income tax tribunal  ..

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Govt proposes safeguards for Indians hired by foreign shipping cos

Date : 2020-08-24

The government has proposed strong safeguards for Indian seafarers being hired by foreign carriers.

The new rules under the Merchant Shipping Bill of 2016, which was cleared by the Union Cabinet on Wednesday, require foreign carriers or their recruitment agencies to deposit a bank guarantee of up to Rs 20 lakh with the Director General of Shipping for every seafarer they hire.

The Director General of Shipping will have the right to invoke this bank guarantee in case the ship is ..

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Merchant Navy Union to challenge adverse tax judgment

Date : 2020-08-24

Bhartiya Navik Sena Union (BNSU), a merchant navy association, is looking to challenge an income tax department judgment around taxing seafarers or merchant navy personnel in court.

This comes after the Kolkata Income Tax Tribunal in a case ruled that merchant navy personnel are liable to pay income tax in India.

Following the judgment the income tax department has begun slapping notices on merchant navy personnel, asking them to pay taxes on income earned from working on e ..

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Merchant Navy Union to challenge adverse tax judgment

Date : 2020-08-23

Bhartiya Navik Sena Union (BNSU), a merchant navy association, is looking to challenge an income tax department judgment around taxing seafarers or merchant navy personnel in court.

This comes after the Kolkata Income Tax Tribunal in a case ruled that merchant navy personnel are liable to pay income tax in India.

Following the judgment the income tax department has begun slapping notices on merchant navy personnel, asking them to pay taxes on income earned from working on e ..

Gujarat's first marine institute to be operational from Aug: GMB

AHMEDABAD: Gujarat's maiden Maritime Training Institute, supported by the state's port regulator Gujarat Maritime Board (GMB), will become operational from August this year, a top official said.

"The first batch of 40 students will be joining the institute in August this year. The institute has been created with a view to meet the requirement of marine engineers," GMB Chief Nautical Officer S C Mathur said.

A marine engineer is in-charge of operations and maintenance of all ..

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