FM Nirmala Sitharaman announced that software development services, IT-enabled services, knowledge outsourcing services and contract R&D services will be clubbed under a single category of information technology services
The FM announced that a common safe harbour margin of 15.5% will be applicable across all these services. Besides, a proposal of increasing the threshold for availing the safe harbour to INR 2,000 Cr from INR 300 Cr earlier was also tabled in the Parliament…

![[CITYPNG.COM]White Google Play PlayStore Logo – 1500×1500](https://startupnews.fyi/wp-content/uploads/2025/08/CITYPNG.COMWhite-Google-Play-PlayStore-Logo-1500x1500-1-630x630.png)