Bhaktiba Jadeja

Bhaktiba Jadeja

PM-SVANidhi 2020: Empowering Street Vendors for a Stronger Economy

Launched by the Ministry of Housing and Urban Affairs on June 1, 2020, as part of the “Atmanirbhar Bharat Abhiyan” Pradhan Mantri Street Vendor’s Atmanirbhar Nidhi (PM SVANidhi) aimed at empowering and improving the economic conditions of the street vendors that were adversely affected by the COVID-19 pandemic. The need for this scheme arises as India’s street vendor forms an integral part of the urban economy.

Tonnage Tax Schemes for Inland Vessels 2025

Tonnage tax schemes, a unique form of taxation primarily found in the maritime industry, provide shipowners and operators with an alternative to traditional corporate taxation. Instead of taxing profits, these schemes assess taxes based on a fixed rate per net ton of a vessel. This approach, unique to the maritime sector, aims to establish a more predictable and stable taxation structure, thereby promoting investment and competitiveness.

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