India Announces Tax Holiday for Foreign Cloud Service Providers until 2047
Finance Minister Nirmala Sitharaman announced a tax holiday until 2047 for global cloud services using Indian data centers to clarify taxation rules.
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Finance Minister nirmala sitharaman announced in her 2026-27 budget speech that 
IN will provide a tax holiday till 2047 to any foreign companies that provide cloud services to their customers globally by using data centre services from IN. This measure ensures that foreign companies using data centres built in the country to provide services to global clients will not face any taxes for more than 20 years. The announcement was made as part of the 2026-27 national budget speech for IN.
IN will provide a tax holiday till 2047 to any foreign companies that provide cloud services to their customers globally by using data centre services from IN. This measure ensures that foreign companies using data centres built in the country to provide services to global clients will not face any taxes for more than 20 years. The announcement was made as part of the 2026-27 national budget speech for IN.
