Pre Budget Expectations- Mr.Sunil Gupta, Executive Director and President, Netmagic an NTT Communications Company
Data centre and cloud comapnies to be declared under a special infrastructure category of national importance. Special incentives for data centres and cloud providers which help promote and support digital india and startup india initiatives. Benefits to include Tax breaks for 10 years, special power tariffs considering that these institutions run the digital india and ecommerce backbone of India and need huge amount of power. Land at special rates. Faster clearances to data centre building proposals. Special subsidised provisions for provision of high capacity power availability to data centres. No octroi for data centre companies and such equipment of businesses which gets hosted in a third party data centre. No revenue share for internet revenue of ISPs for next 5 years. Zero duty import of IT equipment for data centre hosting and cloud companies.