IMPRI Desk

IMPRI Desk

Trump’s Trade Fallacies: From Tariffs to India’s GST

Billionaire investor Warren Buffett has called out US President Donald Trump’s proposed tariffs on imports into the country, saying the import duties would not be paid by some tooth fairy, but by American consumers, and so amounts to a tax on US citizens. This is wholesome fact-checking.

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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