https://www.taxtmi.com/news?id=69437 Proposals grant a tax holiday until 2047 for foreign cloud providers using Indian data centre services if Indian customers are served via an Indian reseller, and a 15% safe harbour on cost where the data centre provider is related. Additional measures include a 2% profit safe harbour for non-resident component warehousing in bonded warehouses, a five-year income tax exemption for non-residents supplying capital goods to toll manufacturers in bonded zones, a five-year exemption for global income of non-resident experts under notified schemes, and MAT exemption for non-residents taxed on a presumptive basis. en-us Sun, 01 Feb 2026 14:17:53 +0530 Sun, 01 Feb 2026 14:17:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=69437 Proposals grant a tax holiday until 2047 for foreign cloud providers using Indian data centre services if Indian customers are served via an Indian reseller, and a 15% safe harbour on cost where the data centre provider is related. Additional measures include a 2% profit safe harbour for non-resident component warehousing in bonded warehouses, a five-year income tax exemption for non-residents supplying capital goods to toll manufacturers in bonded zones, a five-year exemption for global income of non-resident experts under notified schemes, and MAT exemption for non-residents taxed on a presumptive basis. News - Sun, 01 Feb 2026 14:17:53 +0530 https://www.taxtmi.com/news?id=69437