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Finance Minister announced a tax holiday until 2047 for foreign companies that provide cloud services to customers worldwide using data centre facilities located in India.

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Finance Minister announced a tax holiday until 2047 for foreign companies that provide cloud services to customers worldwide using data centre facilities located in India. The proposal is likely to interest global technology companies such as Google, Amazon and Microsoft, which rely on vast computing capacity to run AI and cloud services. Catch all the live action here. Income tax Budget 2026 live updates. Stock Market Live Updates. Watch the Budget 2026 here. Watch the budget 2026 live live here. Click here to follow the budget live here. The Budget 2026 is expected to be announced on February 14, 2026.

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