Budget 2025: Presumptive tax regime may be expanded to cover AI, data centres, cloud computing and others

The Union Budget on February 1 is anticipated to expand the presumptive tax regime to include sectors such as data centres, AI, and green technology. The turnover limit for eligible businesses may be raised to Rs 5 crore, supporting innovation and entrepreneurship in frontier technologies.

Budget 2025: Presumptive tax regime may be expanded to cover AI, data centres, cloud computing and others
The Union Budget on February 1 is anticipated to expand the presumptive tax regime to include sectors such as data centres, AI, and green technology. The turnover limit for eligible businesses may be raised to Rs 5 crore, supporting innovation and entrepreneurship in frontier technologies.