UP IT/ITeS Stamp Duty Exemption — 100% Waiver for New Units — Frequently Asked Questions
Answers to the questions founders most often ask about UP IT/ITeS Stamp Duty Exemption — 100% Waiver for New Units — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
How much does this scheme actually give?
It is not a cash payout. The scheme gives a complete waiver of stamp duty — a 100% exemption — on the purchase or lease of land, office space or buildings for IT/ITeS use. The monetary value therefore depends on the property and the transaction, which is why the benefit is described as varying from case to case.
What is the last date to apply?
There isn't one. The exemption operates on a rolling basis and stays open, so an eligible unit can file its application whenever it is ready to go ahead with the property transaction.
Who can claim this exemption?
Only new IT and ITeS units. The unit must commit a minimum fixed capital investment of ₹2 crore and must commence operations within the timelines given in Section 8.3 of the IT and ITeS Policy of Uttar Pradesh 2022.
Does the government take equity or a stake in my company?
No. This is a state subsidy delivered as a stamp duty waiver, not an investment, so no shares or ownership are taken. The benefit is non-dilutive — you keep full control of the business.
What is counted as fixed capital investment for the ₹2 crore requirement?
Fixed capital investment generally means the money put into assets such as land, building, plant and machinery. For this policy the minimum is ₹2 crore, which signals a serious commitment to setting up operations in the state. The policy document itself carries the detailed definition.
My company already operates in Uttar Pradesh. Can I use this exemption for an expansion?
No. The policy states clearly that the exemption is for new units. Existing businesses looking to expand or invest further may find other incentives elsewhere in the policy, but this stamp duty benefit is reserved for fresh establishments.
Which properties qualify for the exemption?
Land, office space and buildings are all covered, whether bought or leased, provided the asset is used exclusively for IT or ITeS activity by the eligible unit in Uttar Pradesh.
What documents will I need to submit?
Expect to provide the prescribed application form along with proof that the unit is a new IT/ITeS establishment, details of the proposed fixed capital investment of ₹2 crore or more, and information about the land, office space or building being purchased or leased.
How and where do I apply?
Applications go through the Nivesh Mitra single-window portal at https://niveshmitra.up.gov.in/. The application is submitted to the nodal agency or department responsible for implementing the IT and ITeS Policy of Uttar Pradesh, which in practice is the Department of IT & Electronics, Government of UP.
Is DPIIT recognition required for UP IT/ITeS Stamp Duty Exemption — 100% Waiver for New Units?
No. DPIIT (Startup India) recognition is not listed as a mandatory requirement for UP IT/ITeS Stamp Duty Exemption — 100% Waiver for New Units, though having it can strengthen your application and unlock other benefits.
Who is eligible to apply for UP IT/ITeS Stamp Duty Exemption — 100% Waiver for New Units?
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.
Who offers UP IT/ITeS Stamp Duty Exemption — 100% Waiver for New Units?
UP IT/ITeS Stamp Duty Exemption — 100% Waiver for New Units is offered by Government of Uttar Pradesh, a government body. It is provided as non-dilutive funding.
How do I apply for UP IT/ITeS Stamp Duty Exemption — 100% Waiver for New Units?
Apply directly through the official application link on this page. Review the eligibility criteria and prepare your startup documents before you begin.
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