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This is very unfair to Seafarers

The new DTC Bill has proposed to make an NRI liable to pay tax on global income is he resides in India in a particular year for a period or periods amounting to 60 days, down from the existing provision of 182 days in the existing Income Tax Act.

However, the present dispensation for taxation of global income if an NRI resides in India for 365 days or more over a four-year period has been retained in the proposed DTC.

This is very unfair to Seafarers. To avoid any income tax, an Indian sailor employed with a foreign ship will have to stay maximum for 60 days in India

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Piracy off the Horn of Africa

Piracy off the Horn of Africa

Piracy off the Horn of Africa is a problem that appears to defy all efforts towards resolution.  One can wonder why this is the case in light of modern technology to track vessels at sea and in view of all the tools at our disposal to counter armed attacks.  In reality, the conditions that promote modern piracy and allow it to continue are not significantly different than those we have observed throughout history, as are the solutions.

Piracy is a product of three causative factors: motivation for gain, ability to project an armed force with the capability to seize vessels in shipping lanes, and safe havens pirates can use for home bases from which they can market their loot.   Remove or interrupt any one of these factors and piracy is eliminated or reduced.  Patrolling sea lanes with naval forces is useful but the size of the area that must be patrolled and the number of vessels operating in the shipping lanes make it nearly impossible to eliminate piracy through naval patrols of shipping lanes alone.  The shipping companies must take some counter-measures of their own to discourage or delay pirates attempting to board their vessels.