Union Budget 2024 sets unified 15.5% safe harbour margin for all IT services, boosting India''s attractiveness to global tech giants.
Finance Minister Nirmala Sitharaman announces a single “Information Technology Services” category, a 15.5% safe harbour ...
4hon 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 ...
India is a global leader in software development services, IT enabled services, knowledge process outsourcing services and contract R&D services relating to software development, Sitharaman said ...
Sitharaman announced that these segments will be brought under a single category named "Information Technology Services." ...
Sitharaman also said that safe harbour approvals for IT services will now be processed through an automated, rule-based ...
Finance Minister Nirmala Sitharaman announced new tax benefits in Budget 2026. Inter cooperative society dividend income will ...
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 2026 puts AI at the core, with FM Sitharaman announcing Bharat-VISTAAR for agriculture and major tax reforms for ...
Calling India a global leader in IT services, Sitharaman has clubbed software development services, contract R&D services, IT ...
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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.
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