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Maritime Unions oppose NRI tax proposal in Budget 2020

Maritime Unions oppose NRI tax proposal in Budget 2020

Tuesday, February 4, 2020, 8:27 AM

Terming the Budget 2020 proposal to tax NRIs in India as "draconian", maritime unions on Monday said they will call on Union Finance Minister Nirmala Sitharaman to express their concerns. Countries like Philippines and Ukraine compete with India for global share of seafarers, but they do not levy high income taxes on their seafaring citizens, leading maritime unions said.
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