Uttar Pradesh government approves GCC policy
The Uttar Pradesh state cabinet has approved the Uttar Pradesh Global Capability Centres (GCC) Policy, which would help establish the state as a hub for office space. State government has announced a 30–50% front-end subsidy on land cost, a 25% capital subsidy up to Rs 10 crore for Level-1 and Rs 25 crore for advanced GCCs, and a 100% stamp duty exemption.
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