Govt assures equal tax treatment for domestic, foreign data centre players; industry seeks deeper value capture

The government’s clarification that domestic and foreign investors will be treated at par when it comes to the 20-year tax holiday is an important and reassuring signal for the data centre industry, executives from firms such as Yotta and ESDS said. The announcement of a 20-year tax holiday till 2047 initially created a perception that foreign hyperscalers were being given a special runway, they said.

from Tech-Economic Times https://ift.tt/FCu4Y1y