IT Industry and analysts hails Union Budget 2026
Finance Minister Nirmala Sitharaman's ninth Union Budget champions economic growth and job creation, significantly boosting manufacturing. A major highlight is a tax holiday until 2047 for foreign cloud service providers operating from India, aiming to establish the nation as a global data centre hub. This move is expected to attract substantial capital and strengthen India's digital infrastructure.
Finance Minister Nirmala Sitharaman's ninth Union Budget champions economic growth and job creation, significantly boosting manufacturing. A major highlight is a tax holiday until 2047 for foreign cloud service providers operating from India, aiming to establish the nation as a global data centre hub. This move is expected to attract substantial capital and strengthen India's digital infrastructure.
