Data centres will help create jobs: Nvidia CEO

In the Budget, FM Nirmala Sitharaman had proposed to provide a tax holiday till 2047 to any foreign company providing cloud services to customers globally by using data centre services from India. It will, however, need to provide services to Indian customers through an Indian reseller entity. Officials said profits on the income from domestic economic activities will remain taxable as any other domestic company.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/pyzGhQW
>

Comments

Popular posts from this blog

BTS members Jin and Jungkook unveil their postcard messages to ARMY as they gear up for ‘BE’ release 

Salman Khan reveals the three villains of Radhe-Your Most Wanted Bhai; says they made the film look stronger and bigger

Dia Mirza admits Rehnaa Hai Terre Dil Mein had sexism in it