CONTRIBUTION
As per provision of section 37 (2) of the Act,
every market committee has topay an annual contribution to the
Marketing Board, on the basis of their income. The Govt. of Maharashtra
vide notification no. APM\1085\6568\621\11-c Dated - 04/04/1988
has specified the following rates of contribution.
| 1 |
Below Rs.1.75 lac |
1 % |
| 2 |
Above Rs.1.75 - 3.00 lac |
2 % |
| 3 |
Above Rs.3.00 - 10.00 lac |
3 % |
| 4 |
Above Rs.10.00 lac |
5 % |
As per the provision ofsection 37(2) of the Act,
every APMC shall, out of market fund, pay within two months, from
the date of expiry of previous year, to the Marketing Board the
annual contribution as fixed by the Govt. as per the above notification.
During 2007-08 for six months, as per income out of 295 APMCs,
contribution of 213 APMCs (ason 24/07/08) was fixed to 6061 crores.
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