Latest Tax Holiday News & Updates

New Delhi, Feb 1 (IANS) Finance Minister Nirmala Sitharaman on Sunday announced a tax holiday till 2047 to any foreign company that provides cloud services to customers globally by using data centre services from India as part of the proposals in the Union Budget 2026-27 presented in the Parliament on Sunday.The move is aimed at developing critical infrastructure and boosting investment in data centres. Those availing of the incentive will have to provide services to Indian customers through an …