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Business & Entrepreneurship

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.

Authority

State/ UT

Region

Goa

Status

Verified 2026

Updated

March 2026

What you get

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

Who can apply

Proprietorship Firm; Private Limited Company incorporated under the Companies Act, 2013 (or equivalent); Public Limited Company incorporated under the Companies Act, 2013 (or equivalent); Registered Partnership Firm incorporated under the Indian Partnership Act, 1932 (or equivalent); Limited Liability Partnership incorporated under the Limited Liability Partnership Act, 2008 (or equivalent)

Required Paperwork

  • Aadhaar Card
  • PAN Card
  • Income Certificate
  • Residence Proof (Domicile)

Common Questions

What is the prerequisite for an IT unit to avail lease rental rebate for a specific office space under the scheme?

The IT unit must be operational from the specified office space for a minimum period of one year prior to the date of application to qualify for lease rental rebate.

Can you elaborate on the criteria for reimbursement of lease rentals during the initial six months of operations?

The scheme provides a 100% reimbursement of lease rentals for the first six months of operations, facilitating a seamless initiation for eligible units.

What percentage of employees of Goan origin or Goan graduates triggers a 100% incentive disbursal under the scheme?

A company with more than 60% of employees on its rolls being of Goan origin or Goan graduates qualifies for a 100% incentive disbursal under the scheme.

Could you explain the conditions under which benefits under this scheme may be discontinued?

Benefits under this scheme are subject to budgetary allocation, and discontinuation may occur if the allocation is exceeded. No Promissory Estoppel shall be applicable in such cases.

What is the minimum period of employment required for employees to avail the benefits of the scheme?

To avail the benefits, employees should be on the rolls of the company for a minimum period of one year.

Can Applicants From The Neighboring States Also Apply To This Scheme?

This scheme is exclusively available to permanent residents of the state. Applicants from neighboring states, among others, are not eligible to apply.

Is There Any Compensation For The Delay In The Disbursal Of The Scheme Benefits?

The guidelines do not mention any provision for compensation in the event of delayed disbursement of scheme benefits.

What is the link to the Official Web Portal of Goa Online?

The link to the Official Web Portal of Goa Online is https://goaonline.gov.in/

What is the tentative timeline for the Application approval by the Empowered Committee?

The timeline for the Application approval by the Empowered Committee is 60 days from the receipt of the Application.

What is the tentative timeline for the Issue of Regret Letter/Sanction Orders and Disbursement?

The timeline for the Application approval by the Empowered Committee is 90 days from the receipt of the Application.

Is it mandatory for the applicant units, both new and existing, to have their operations in Goa?

Yes, in order to be eligible to apply for this scheme, the New and Existing Units must have their operations in Goa.

When was the scheme launched and by which department?

The scheme was launched in 2018 by the Department of Information Technology, Government of Goa.