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“ Recognising the need to enable critical infrastructure and boost investment in data centres, I propose to provide tax holiday till 2047 to any foreign company that provides cloud services to customers globally by using data centre services from India.
Nirmala Sitharaman
Nirmala Sitharaman, 7 months
Budget 2026: Tax Holiday Announced For Global Cloud Firms Using Indian…

Union Budget 2026 Live: Modi government likely to bring major relief to salaried and middle class as…

7 monthsUnion Budget

Statements by Nirmala Sitharaman

“ Elon Musk, citing IMF data, says, ‘Wow, is this true?’
Nirmala Sitharaman
Nirmala Sitharaman, 7 months
India to overtake US in GDP growth in 2026? Elon Musk issues big…
“ This three-fold approach requires supportive ecosystem,
Nirmala Sitharaman
Nirmala Sitharaman, 7 months
‘3 kartavya’: Nirmala Sitharaman lays out theme of Union Budget 2026

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