Major tax changes boost IT sector's safe harbour threshold
after close1 source ↓written by the desknot a recommendation
- IT sector
- ₹300 crore to ₹2,000 crore
The Union Budget 2026-27 presented by Finance Minister Nirmala Sitharaman increased the safe harbour threshold for the IT sector from ₹300 crore to ₹2,000 crore. This significant change aims to enhance the competitiveness of Indian IT firms globally. Traders may see increased investor confidence in the sector as a result.
Not investment advice. For informational purposes only.