With policy certainty & AI push, Budget signals India's tech moment, says Nasscom

The consolidation of software development services, IT-enabled services, KPO and contract R&D relating to software development into a single category of IT services with a uniform safe harbour margin of 15.5 per cent, alongside enhancement of the Safe Harbour eligibility threshold to Rs 2,000 crore (from Rs 300 crore), materially expands access to certainty mechanisms for routine cross-border IT service models, it said.