https://www.taxtmi.com/news?id=69512 Budget FY27 introduces a 20-year tax holiday for overseas global data centre providers and a 15% safe harbour on related-entity costs; increases Securities Transaction Tax on futures and options and treats buyback proceeds as capital gains; implements the new Income Tax Act, 2025 from April 1 with simplified rules; rationalises customs exemptions and duty rates (including waivers on select drugs and reduced duty on personal imports); and advances capital expenditure and targeted incentives for manufacturing, biopharma, electronics and SMEs alongside fiscal consolidation targets. en-us Sun, 01 Feb 2026 17:01:08 +0530 Sun, 01 Feb 2026 17:01:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=69512 Budget FY27 introduces a 20-year tax holiday for overseas global data centre providers and a 15% safe harbour on related-entity costs; increases Securities Transaction Tax on futures and options and treats buyback proceeds as capital gains; implements the new Income Tax Act, 2025 from April 1 with simplified rules; rationalises customs exemptions and duty rates (including waivers on select drugs and reduced duty on personal imports); and advances capital expenditure and targeted incentives for manufacturing, biopharma, electronics and SMEs alongside fiscal consolidation targets. News - Sun, 01 Feb 2026 17:01:08 +0530 https://www.taxtmi.com/news?id=69512