As markets fell, data centre & AI stocks surged after tax holiday for cloud services – Firstpost

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  • Post last modified:February 1, 2026

Despite the worst post-Budget market fall in seven years, data centre and artificial intelligence (AI) stocks surged after Union Finance Minister Nirmala Sitharaman proposed a 20-year tax holiday for foreign…

Continue ReadingAs markets fell, data centre & AI stocks surged after tax holiday for cloud services – Firstpost

FM Sitharaman announces tax holiday till 2047 for foreign cloud firms – Firstpost

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  • Post last modified:February 1, 2026

The move aims to attract global cloud players, cut tax disputes, and boost India’s IT and digital services ecosystemFinance Minister Nirmala Sitharaman on Sunday announced a tax holiday till 2047…

Continue ReadingFM Sitharaman announces tax holiday till 2047 for foreign cloud firms – Firstpost