Central GovernmentVerified

Lease Rental Rebate Scheme for Goan Diaspora

The "Lease Rental Rebate Scheme for Goan Diaspora" is one of the "IT Policy Schemes" by the Dept of IT, Govt of Goa. The objective is to provide Lease Rental Rebate for Goan Diaspora. A 100% reimbursement of the lease rentals will be provided for a period of first 6 months of operations.

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About This Scheme

Launched in 2018, the "Lease Rental Rebate Scheme for Goan Diaspora" is one of the "Information Technology Policy Schemes" by the Department of Information Technology, Government of Goa. The objective and the scope of this scheme is to provide Lease Rental Rebate for Goan Diaspora. A 100% reimbursement of the lease rentals will be provided for a period of first 6 months of operations. The scheme has been framed as a part of Goa's IT Policy that envisages Goa as an aspirational geographical and human resource base for IT Units and a preferred destination for their investment and expansion.

Benefits

1. A 100% reimbursement of the lease rentals will be provided for a period of first 6 months of operations.

₹35

2. A reimbursement of ₹ 35 per sq. ft. or 80% of the total lease rentals; whichever is lower; will be provided up to a maximum period of 2 years.

3. Incentives shall be disbursed on a prorata basis based on the percentage of Employees of Goan origin or Goan Graduates:

Upto 30% of employees on rolls of the company: 50%

30% to 60% employees on rolls of the company: 75%

More than 60%employees on rolls of the company: 100%

NOTE 1: The benefits under this scheme are subject to budgetary allocation. No Promissory Estoppel shall be applicable if benefits are discontinued in case the allocation is exceeded.

NOTE 2: Only expenditure incurred during the operation of the policy will be considered.

Eligibility

Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.

Required Documents

✦
Copy of Incorporation Certificate
✦
Copy of new unit registration document/certificate
✦
Copies of PAN, Aadhaar, and GST TIN
✦
Memorandum and Articles of Association
✦
Copy of the first bill generated showing the date of commencement of operations or other relevant document
✦
Occupancy certificate from developer/local authority for said office space
✦
Details of employees and percentage of employees of Goan origin
✦
Copy of lease deed/lease rental agreement for the built-up office space
✦
Proof of payment of rent for the said office space
✦
Udyog Aadhaar.

✦ Required ◦ Optional

How to Apply

OOnline

Incentive Application Receipt: D Application scrutiny as per checklist: D+30days Application approval by the Empowered Committee: D+60 days Issue of Regret Letter/Sanction Orders and Disbursement: D+90 days

Quick Info

Level: Central Government
Max benefit: ₹35