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India's Finance Minister Nirmala Sitharaman has announced a significant tax holiday for foreign companies establishing data centers in India until 2047. This move aims to attract global investment and boost economic growth. The budget also focuses on fiscal consolidation and increased government spending on infrastructure. However, proposed changes to stock transaction tax and buyback taxation have raised concerns among investors.
Last Updated:January 31, 2026, ISTIndustry expectations are pouring in, including tax relief to boost consumption, a sharper push for AI, and higher capital expenditure to sustain growth and job.
The Ministry of Finance and Ministry of New and Renewable Energy (MNRE) are in discussions to bring out a new capital subsidy scheme for the upstream segment of solar photovoltaic (PV) manufacturing, MNRE...
