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State of Tripura - Section
Section 53 in The Tripura Co-operative Societies Rules, 1976
53. Rate of contribution to educational fund of the State Federal Society.
- Every society which pays a dividend to its members at a rate of 4 per cent or more, shall contribute towards the educational fund of the State Federal Society notified by the Government, as the following rates, namely:| (a) | if the rate of dividend for any year is 4 per cent. | 1 per cent of the net profits of the year. |
| (b) | if the rate of dividend for any year is more than 4 per centbut not more than 5 per cent | 1 ¼ per cent of the net profits of the year. |
| (c) | if the rate of dividend for any year is more than 5 per centbut not more than 6 per cent | 1 ½ per cent of the net profits of the year. |
| (d) | if the rate of dividend is more than 6 per cent but not morethan 7 per cent | 1 ¾ per cent of the net profits of the year. |
| (e) | If the rate of dividend is more than 7 per cent but not morethan 8 per cent | 2 per cent of the net profits of the year. |
| (f) | if the rate of dividend is more than 8 per cent | 2 ¼ per cent of the net profits of the year: |