New tax Bill boosts data centres, electronics contract manufacturing
A key proposal simplifies the tax exemption framework for foreign data centre service providers. Under the existing framework, foreign cloud companies using Indian data centres were eligible for tax exemption only after multiple layers of government approvals and notifications
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New tax Bill boosts data centres, electronics contract manufacturing Why it matters: AI News is moving the AI stack right now, and this update helps explain what changed for builders. Source: The New Indian Express https://a2zai.ai/bytes/new-tax-bill-boosts-data-centres-elec...
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