UP IT/ITeS Stamp Duty Exemption — 100% Waiver for New Units

The UP IT/ITeS Stamp Duty Exemption is a fiscal incentive run by the Government of Uttar Pradesh under the IT and ITeS Policy of Uttar Pradesh 2022. It wipes out the stamp duty that would otherwise be payable when an eligible IT or IT-enabled services unit acquires or rents property in the state.

The idea is to shrink the entry cost for technology businesses. Stamp duty is a sizeable one-time outgo on any property deal, and a complete waiver means a new unit can hold on to that capital and put it into infrastructure, hiring or product development instead. Section 6.1.5 of the policy is the clause that carries the benefit.

The incentive is built for fresh establishments rather than companies already operating in the state. A unit has to be new, has to commit a minimum fixed capital investment of ₹2 crore, and has to start operations within the timelines laid down in Section 8.3 of the policy.

There is no closing date. Applications run on a rolling basis and are filed through the state's Nivesh Mitra single-window portal whenever a unit is ready to proceed.

• Full 100% exemption from stamp duty on buying or leasing property
• Open only to new IT and ITeS units in Uttar Pradesh
• Requires a minimum fixed capital investment of ₹2 crore
• Covers land, office space and buildings used for IT/ITeS activity
• Rolling applications with no fixed deadline
• Filed through the Nivesh Mitra single-window portal

New units only. This particular exemption is written for newly established IT and ITeS units in Uttar Pradesh. The policy does not extend it to businesses that are already running.

• Sector: Information Technology and IT-enabled Services.
• Investment threshold: a minimum fixed capital investment of ₹2 crore.
• Commencement condition: operations must begin within the time limits prescribed in Section 8.3 of the IT and ITeS Policy of Uttar Pradesh 2022.
• Location: the unit and the property concerned must be in Uttar Pradesh.

The policy is aimed at units preparing to make a meaningful capital commitment, so the ₹2 crore investment floor is the main filter. Before filing, check your position against Section 6.1.5, which deals with the exemption, and Section 8.3, which sets out the operational timelines.

UP IT/ITeS Stamp Duty Exemption — 100% Waiver for New Units is open to startups at any stage. It is open to startups registered anywhere in India.

UP IT/ITeS Stamp Duty Exemption — 100% Waiver for New Units accepts applications on a rolling basis — there is no fixed cut-off date, so eligible startups can apply at any time. Because rolling programmes can pause without notice, confirm the window is still open on the official site before you start.

The benefit is a 100% exemption from stamp duty on property transactions for IT/ITeS use.

• Applies to the purchase of land, office space or buildings.
• Applies equally to leasing the same categories of property.
• The property has to be used for IT or ITeS activity by the eligible unit.

Stamp duty on a sizable commercial transaction is a large one-time payment, so a full waiver becomes a substantial saving on capital expenditure. The rupee value varies with the transaction and the property involved. Whatever is saved stays with the business and can go towards operations, recruitment, technology or further expansion.

UP IT/ITeS Stamp Duty Exemption — 100% Waiver for New Units is offered by Government of Uttar Pradesh, a government body. As a government-backed subsidy, it is publicly funded and open to eligible startups across India. You can verify current details and timelines on the provider's official website before applying.

There is no competitive shortlisting here. The exemption is handled as a claim under the policy, so the exercise is verification rather than ranking.

1. Application: the unit submits a formal application to the nodal agency or department that implements the IT and ITeS Policy of Uttar Pradesh, on the prescribed form and with supporting papers attached.
2. Documentation: the filing establishes that the unit is a new IT/ITeS establishment, sets out the proposed fixed capital investment of ₹2 crore or more, and gives particulars of the land, office space or building being purchased or leased.
3. Verification and approval: the authorities scrutinise the application and the documents. Once approved, the exemption is granted and the unit can complete the property transaction without paying stamp duty.
4. Commencement: operations must begin within the timelines specified in Section 8.3 of the policy, otherwise the benefit is not retained.

Before you apply to UP IT/ITeS Stamp Duty Exemption — 100% Waiver for New Units, keep the following documents ready:

• A pitch deck or short business plan describing the problem, product and traction
• Company registration documents and PAN
• Founder identification (PAN / Aadhaar) and brief profiles
• Recent financial statements or projections
• Product details — a demo, prototype or working link if available

Exact requirements are confirmed on the official application portal — treat this as a preparation checklist.