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What does Budget 2026 mean for IT sector?
short by Dharini Mudgal / on Sunday, 1 February, 2026
Budget proposes to club software development services, IT-enabled services, knowledge process outsourcing services and contract R&D services relating to software development under a single category of 'Information Technology Services'. The segment will now have common safe harbour margin of 15.5%. Threshold for availing safe harbour for IT services will be enhanced from ₹300 crore to ₹2,000 crore.
read more at Moneycontrol