Amendment status not verified — confirm the current text below against the official source.
The amount payable for the land acquired by the Government under this Act, which in no case shall exceed five thousand rupees per standard hectare, shall be determined in accordance with the following scale, namely: - (i) for the first sum of 5,000 or any portion thereof of the net annual income from the land, 10 times such sum or portion; (ii) for the next sum of 5,000 or any portion thereof of the net annual income from the land, 9 times such sum or portion; (iii) for the next sum of 5,000 or any portion thereof of the net annual income from the land, 8 times such sum or portion; (iv) for the next sum of 5,000 or any portion thereof of the net annual income from the land, 7 times such sum or portion; (v) for the next sum of 5,000 or any portion thereof of the net annual income from the land, 6 times such sum or portion; (vi) for the next sum of 5,000 or any portion thereof of the net annual income from the land, 5 times such sum or portion; 210 (vii) for the next sum of 5,000 or any portion thereof of the net annual income from the land, 4 times such sum or portion; (viii) for the next sum of 5,000 or any portion thereof of the net annual income from the land, 3 times such sum or portion; (ix) for the balance of the net annual income from the land, 2 times such balance.