Thursday, 5 February, 2026
India Offers 20-Year Tax Rebate to Foreign Cloud Firms Under Strict Local Conditions
The Indian government has announced a massive 20-year tax rebate for foreign cloud service providers to boost the nation’s digital infrastructure. However, the incentive comes with significant caveats, including mandatory local data storage and investments in domestic research and development. This strategic move aims to attract global tech giants while ensuring data sovereignty and fostering a self-reliant tech ecosystem.
Read full story at Economic Times