Budget 2026: Foreign cloud companies using Indian data centres to get tax holiday till 2047

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

Updated1 Feb 2026, 12:17 PM IST

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By Aman Gupta

Finance Minister Nirmala Sitharaman has proposed to provide tax holiday till 2047 for foregin companies providing cloud services to customers globally using data centre services from India.

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