Search For "tax holiday"
Budget 2026: Sitharaman announces tax holiday till 2047 to boost data cent
Updated : 1 month, 3 weeks ago IST
Recognising the need to enable critical infrastructure and boost investment in data centres, Finance Minister Nirmala Sitharaman has proposed to provide tax holiday till 2047 to any foreign company that provides cloud services to customers globally by using data centre services from India
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Union Budget: Govt brings IT services under single category, boosts tax ce
Updated : 1 month, 3 weeks ago IST
Speaking while presenting the Union Budget 2026-27, Sitharaman announced that these segments will be brought under a single category named "Information Technology Services".
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Industry demands PLI to boost agrochemical manufacturing, cut technical im
Updated : 5 months, 3 weeks ago IST
The Agro Chem Federation of India (ACFI) has urged the government to introduce a PLI scheme and tax holidays to reduce import dependence for technical ingredients and to set up agrochemical manufacturing hubs to boost domestic production.
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Tax holidays, import duty waivers can power India's semiconductor mission:
Updated : 5 months, 3 weeks ago IST
Extending income tax holidays and waiving import duties on expensive semiconductor equipment will accelerate India's semiconductor manufacturing capabilities, said Eswara Rao Nandam, CEO of Polymatech Electronics, a company engaged in providing chip manufacturing solutions.
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Real Estate want CLSS, tax holidays and hiked base price for affordable ho
Updated : 1 year, 8 months ago IST
Anuj Puri, Chairman of ANAROCK Group, has proposed the revival of the Credit-linked Subsidy Scheme (CLSS) under the Pradhan Mantri Awas Yojana (PMAY). This scheme, which expired in 2022, provided subsidies for Economically Weaker Sections (EWS) and Low-Income Groups (LIG) purchasing affor
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No proposal to give tax holiday benefit status to Punjab: MoS finance in L
Updated : 2 years, 7 months ago IST
The central government has no proposal to provide tax holiday benefit status to Punjab, Minister of State for Finance Pankaj Chaudhary informed Lok Sabha on Monday while responding to a query of a member.
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Big boost for startups: Tax holiday extended by 1 year till March 31, 2022
Updated : 5 years, 1 month ago IST
New Delhi [India], February 1 (ANI): To help India's startups amid the COVID-19 pandemic, tax holidays for these businesses have been extended by one year till March 31, 2022, said Finance Minister Nirmala Sitharaman while presenting the Union Budget 2021-22 on Monday.
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Industry reaction - Budget 2020-21
Updated : 6 years, 1 month ago IST
New Delhi [India] Feb 2 (ANI/NewsVoir): Finance Minister Nirmala Sitharaman on Saturday presented the second budget of the re-elected Modi government. Here are some industry-wise reactions to the Budget 2020-21.
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Sitharaman proposes extension of tax holiday for affordable housing projec
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 1 (ANI): In a bid to promote affordable housing projects, the date of approval for availing tax holiday has been increased by a year, said Finance Minister Nirmala Sitharaman on Saturday.
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Start-ups with turnover up to Rs 25 crore to get promised tax holiday: CBD
Updated : 6 years, 7 months ago IST
New Delhi [India], Aug 22 (ANI): The Central Board of Direct Taxes (CBDT) clarified on Thursday that small start-ups with turnover up to Rs 25 crore will continue to get the promised tax holiday as specified in Section 80-IAC of the Income Tax Act 1961 which provides deduction for 100 per ce
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