India proposes zero taxes for foreign cloud providers through 2047 on services sold outside the country if they run those workloads from Indian data centers
As the global race to build AI infrastructure accelerates, India has offered foreign cloud providers zero taxes through 2047 …
TechCrunch Jagmeet Singh
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Discussion
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@btarunr
Tarun Raju
on x
This is a disaster. Every 2-qoudi cloud company will build a data-center in India that leeches thousands of MWh of electricity at low prices, drains our water table for cooling, all while having import duty breaks on bringing in their hardware, and these tax breaks. [image]
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@heyshrutimishra
Shruti
on x
Every cloud company on earth is looking at India right now. 22 years of zero taxes.
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@ayushjaiswal
Ayush Jaiswal
on x
Zero tax until 2047 for cloud companies setting up data centers in India. Very good move. 👏🏼
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r/worldnews
r
on reddit
India offers zero taxes through 2047 to lure global AI workloads
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@adityakalra
Aditya Kalra
on x
📱 🚨 BIG LOBBYING WIN FOR Apple IN INDIA — it can now fund iPhone-making machines for Foxconn and Tata Electronics without fearing tax/income liabilities... 📱India's government on Sunday handed a major win to Apple by allowing foreign companies to freely provide machines to their…