Budget 2026: From Cloud Consumer to Cloud Host: India’s 2047 Tax Vision

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from cloud consumer cloud host indias taxFinance Minister Nirmala Sitharaman has proposed a tax holiday until 2047 for foreign companies that deliver cloud services to global customers through data centres located in India. The announcement came during the Union Budget 2026 – 27 speech in the Lok Sabha. Alongside this, related entities providing data-centre services from India can opt for a safe-harbour tax of 15% on cost, aimed at offering clarity and reducing tax disputes.

The proposal allows foreign cloud providers serving global users to anchor their infrastructure in India and receive…



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Budget 2026: From Cloud Consumer to Cloud Host: India’s 2047 Tax Vision


from cloud consumer cloud host indias taxFinance Minister Nirmala Sitharaman has proposed a tax holiday until 2047 for foreign companies that deliver cloud services to global customers through data centres located in India. The announcement came during the Union Budget 2026 – 27 speech in the Lok Sabha. Alongside this, related entities providing data-centre services from India can opt for a safe-harbour tax of 15% on cost, aimed at offering clarity and reducing tax disputes.

The proposal allows foreign cloud providers serving global users to anchor their infrastructure in India and receive…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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