Budget 2026: Sitharaman announces tax holiday till 2047 to boost data centre ecosystem

New Delhi [India], February 1 (ANI): Recognising the need to enable critical infrastructure and boost investment in data centres, Finance Minister Nirmala Sitharaman has proposed to provide tax holiday till 2047 to any foreign company that provides cloud services to customers globally by using data centre services from India.

It will, however, need to provide services to Indian customers through an Indian reselle