Budget 2026: What is Tax Holiday announced by Nirmala Sitharaman in Budget speech, taxpayers will now Tax free….
24htopnews | February 1, 2026 3:06 PM CST
Budget 2026: In a massive update for taxpayers Finance Minister Nirmala Sitharaman has announced Tax holiday till 2047 to any foreign company that provides cloud services by setting up data centres in India. What is a Tax Holiday? A tax holiday is a temporary government-enforced reduction or elimination of taxes such as income property or sales tax designed to stimulate economic growth encourage investment in specific industries or boost consumer spending
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