Home India FINANCE Parliament Question: Tax Rebate to Global Investors...
Date: 2026-03-16 Category: LOKSABHA_QNA State: Union Government Country: India

Parliament Question: Tax Rebate to Global Investors

Issued by FINANCE · Not Applicable

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GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE LOK SABHA UNSTARRED QUESTION NO. 3851 TO BE ANSWERED ON MONDAY, MARCH 16, 2026/ PHALGUNA 25, 1947 (SAKA) TAX REBATE TO GLOBAL INVESTORS 3851. SHRI ADHIKARI SOUMENDU: Will the Minister of FINANCE be pleased to state: (a) whether the present Tax Act encourage Foreign Companies providing Global Cloud Services using Indian Data Centres as Permanent Establishment, if so, the details thereof; (b) the details of Foreign Companies investing under the notified Data Centres and the names of such centres thereof, State-wise; and (c) the details of Tax Rebate to Global Investors and Income of Government through Income Tax, if any therein? ANSWER THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI PANKAJ CHAUDHARY) (a) & (b) With a view to facilitate establishment of data centres in the country and strengthen digital infrastructure, following measures have been announced in the Union Budget 2026-27: “To provide tax holiday till 2047 to any foreign company that provides cloud services to customers globally by using data centre services from India.” Such exemption shall be available to a foreign company on any income accruing or arising in India or deemed to accrue or arise in India by way of procuring data centre services from a specified data centre. (c) Exempt Income claimed by FII/FPI reporting residential status as ‘Non-Resident’ along with the total taxes paid as per ITR-5 is provided below – Assessment Total number Schedule EI: Total Exempt Part B TTI: Taxes Paid - Total Year of ITRs Income (in Rs. crores) Taxes Paid (in Rs. crores) 2024-25 4,106 90658.62 37386.38 ******

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