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State of Odisha - Section
Section 28 in The Orissa Estates Abolition Act, 1951
28. Rates of Compensation.
- After the net income has been computed under Section 27 the Compensation Officer shall, for the purpose of preparing the Compensation Assessment Roll, proceed to determine the amount of compensation to be payable in respect of the transference to the State Government of the interests in respect of each estate as follows :| Amount of net income | Rate of compensation payable | |
| (i) | On the first five hundred rupees of the net income. | Fifteen times of such income. |
| (ii) | On the next thirty-five hundred rupees of the net income. | Thirteen times of such net income. |
| (iii) | On the next three thousand rupees of the net income. | Ten times of such net income. |
| (iv) | On the next three thousand rupees of the net income. | Seven times of such net income. |
| (v) | On the next fifteen thousand rupees of the net income. | Five times of such net income. |
| (vi) | On the next fifteen thousand rupees of the net income. | Four times of such income. |
| (vii) | On the balance of the net income | Three times of such net income. |