Finance Minister Nirmala Sitharaman proposed a tax holiday until 2047 for foreign companies offering cloud services that utilize data center services from India.

By linking tax benefits to serving global customers from India, the policy seeks to turn the country into an export hub for cloud computing.

India announces a 2047 tax holiday for foreign cloud providers using Indian data centers! Boost digital infra & attract ...

India’s data center tax breaks may not cut prices overnight, but they could quietly rebalance cloud economics in CIOs’ favor, analysts say.

The Income-tax Act, 2025 introduces a targeted exemption for foreign companies using notified Indian data centres. The measure removes source and permanent establishment concerns while reinforcing ...

To qualify, such companies must route services for Indian customers through an Indian reseller entity, ensuring that India ...

Finance Minister Nirmala Sitharaman proposed a tax holiday until 2047 for foreign companies offering cloud services that utilize data center services from India.

Finance Minister Nirmala Sitharaman has announced a tax holiday until 2047 for foreign cloud service companies using Indian data centres, aiming to boost investment and digital infrastructure.

The exemption is subject to four conditions, according to the sources. The development came after the Finance Minister Nirmala Sitharaman, in the Budget speech on Sunday, announced a tax holiday for ...

Recognising the need to enable critical infrastructure and boost investment in data centres, I propose to provide a tax holiday till 2047 to any foreign company that provides cloud services to ...

A Budget proposal offering a 20-year tax holiday for foreign data centre investors has raised concerns among Indian companies ...