Amid the rapid expansion of global capability centres in India over the past two years and with the domestic software industry expected to reach $300 billion in revenue in FY26, the Union Budget ...
16hon MSN
FM brings IT services under single category in Union Budget: What this means for IT companies
Union Budget 2026 designates 'Information Technology Services' as a single category for IT companies, including software ...
Finance Minister Nirmala Sitharaman announced new tax benefits in Budget 2026. Inter cooperative society dividend income will ...
Finance Minister Nirmala Sitharaman announces a single “Information Technology Services” category, a 15.5% safe harbour ...
The Print on MSN
IT sector as India’s ‘growth engine’: Budget boosts tax certainty with safe harbour revisions
One of the major bonanzas is tax holiday till 2047 to foreign companies providing cloud services from Indian data centres.
The Union Budget for 2026-27 has proposed a single tax framework for global capability centres, ending years of ambiguity over how their IT services work is taxed.
Union Budget 2024 sets unified 15.5% safe harbour margin for all IT services, boosting India''s attractiveness to global tech giants.
Budget 2026 raises IT services safe harbour threshold to ₹2,000 crore, enhancing tax certainty and compliance for the sector.
The Budget proposals on safe harbour margin and advance price mechanism are expected to bring clarity, predictability and ...
Ah. The notorious brand-killing Jaguar Type 00. Live vivid. Delete ordinary etc.This is the next phase in the roll-out, and ...
The Pioneer on MSN
Unified 15.5% safe harbour margin sets for IT services
India, Feb. 2 -- Finance Minister Nirmala Sitharaman on Sunday proposed to club various inter-connected sub-segments of IT, ...
The Maia 200 deployment demonstrates that custom silicon has matured from experimental capability to production ...
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