Budget 2026: What is a tax holiday? What Nirmala Sitharaman announced in her Budget speech
Foreign companies offering global cloud services via Indian data centres will enjoy a tax holiday until 2047, a significant boost for digital infrastructure. This move aims to attract investment and strengthen India's position in cloud computing and AI. Software development and IT services are now unified under a single category, with a common safe harbour margin of 15.5 per cent.
Foreign companies offering global cloud services via Indian data centres will enjoy a tax holiday until 2047, a significant boost for digital infrastructure. This move aims to attract investment and strengthen India's position in cloud computing and AI. Software development and IT services are now unified under a single category, with a common safe harbour margin of 15.5 per cent.
