India: Minister of Finance proposed tax holiday till 2047 for foreign cloud services using data centre services from India in Budget 2026-2027
Description
Minister of Finance proposed tax holiday till 2047 for foreign cloud services using data centre services from India in Budget 2026-2027
On 1 February 2026, the Minister of Finance proposed, in the Budget 2026-2027 Speech (Budget Speech), a tax holiday till 2047 for any foreign company that provides cloud services to customers globally by using data centre services from India, as a d…
Scope
Policy Area
Taxation
Policy Instrument
Taxation, nes
Regulated Economic Activity
infrastructure provider: cloud computing, storage and databases
Implementation Level
national
Government Branch
executive
Government Body
central government