Shreeji Shipping Global gets Tonnage Tax Scheme approval from FY25-26

Shreeji Shipping Global Limited has received approval from the Income Tax Department to opt into the Tonnage Tax Scheme (TTS) under Chapter XII-G of the Income-tax Act, 1961. This approval, effective from Financial Year 2025-26, applies to its eligible inland vessels engaged in the shipping business. The company expects the TTS framework to provide enhanced long-term tax visibility and improved tax efficiency, positively impacting its profitability and cash flows over the long term. This is seen as a significant milestone, reinforcing the company's position and supporting its long-term growth strategy and operational scalability.