Further to Union Finance Minister Nirmala Sitharaman’s Interim Union Budget 2026 announcement, below is Post Budget quote from Umesh Shah, Director – New Age Technologies, Orient Technologies Limited.
“The Union Budget sends a strong and reassuring signal for data centre and cloud investments in India. The proposed tax holiday till 2047 for foreign companies setting up data centres in the country provides long-term visibility and confidence for global players evaluating India as a strategic base for their cloud operations. The introduction of a defined safe harbour of 15% on cost for data services co-provided from India by related entities further brings clarity to cross-border operating models and reduces uncertainty around transfer pricing. Together, these measures simplify compliance, lower execution risk, and make it easier for companies to scale data centre and cloud-led services from India.”
