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[Cites 0, Cited by 0] [Section 75] [Entire Act]

State of Rajasthan - Subsection

Section 75(4) in The Rajasthan Urban Improvement (Change of Use of Residential Land or Premises for Commercial Purposes) Rules, 1974

(4)The amount of premium may be realised by the Government in the following manner:-
(1) For amounts upto Rs. 10,000/- One installment.
(2) For amounts from Rs. 10,001/- to 25,000/- In two equal yearly installments.
(3) For amounts Rs. 25,000/- to Rs. 50,000/- In three equal yearly installments.
(4) For amounts more than Rs. 50,000/- In four equal yearly installments.
(5) The rate of interest shall be 9% per annum and in case ofdefault of a payment in time, extra 3% shall be charged as penalinterest.