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Budget 2026 Aims To Lure Foreign Experts With Five-Year Tax Exemptions To Boost Tech Sector: Report
Www.Ndtvprofit.Com· 2026-02-04 14:51
India's latest budget on Sunday introduced a special tax exemption aimed at attracting global talent, especially in fast‑growing sectors like electronics and semiconductors. This move responds to a long-standing demand from companies in these fields, who often need foreign specialists for technology transfer and complex project work.The government has announced a five-year exemption on foreign-sourced income for non-resident individuals coming to work in India for a stay period of 5 years under notified sch ...