Circle Rate definition

Circle Rate as applicable for the Site shall mean the unit rate of land/ area approved / designated for commercial use as fixed by the revenue and stamps department of the respective State in which the Site is located for the purposes of payment of stamp duty on instruments with respect to land/ area(s) comprised in the Site;
Circle Rate means the value of land / house assessed according to guidelines issued by the Collector under the Madhya Pradesh Bazar Mulya Margadarshak Siddhanton Ka Banaya Jana Tatha Unka Punrikshan Niyam, 2000 made under the Indian Stamp Act, 1988 (no. 2 of 1899).
Circle Rate means the rate notified by the District Magistrate for assessment of stamp duty under the Indian Stamp Act, 1899 on the transaction of land in respective circles.

Examples of Circle Rate in a sentence

  • If a job is changed so that the provisions of Article XVII, Section 9., regarding Formality Bidding apply, any employee exercising such a bid will retain his Red Circle Rate.

  • The Company agrees that it will not recall, layoff, or otherwise change the status of an employee for the purpose of eliminating a Red Circle Rate exclusively.

  • Circle Rate Rs. .per Sq. mtrs (cultivated land category-v) ……………………….

  • It is understood that where such an employee, receiving a Red Circle Rate, is promoted to another position within the same job family to which Red Circle Rates apply as a result of the implementation of the new classification system, the person promoted will receive the appropriate Red Circle Ratefor the positionto which the employee has,been promoted.

  • Any employee who at the date the execution of this Agreement is being paid a rate in excess of that established for his classification shall continue to receive such rate for the term of this Agreement as a Circle Rate'' during the term of his employment.

  • It is understood that where such an employee, receiving a Red Circle Rate, is promoted to another position within the same job family to which Red Circle Rates apply as a result of the implementation of the new classification system, the person promoted will receive the appropriate Red Circle Rate for the position to which the employee has been promoted.

  • An employee in receipt of a Red Circle Rate at the of the Job Evaluation Plan shall retain salary and his to general increases.

  • An employee receiving a Red Circle Rate will continue to receive such rate provided the employee continues to perform the job for which the rate applies.

  • Circle Rate Rs. ./- per Sq. mtrs (un-cultivated land category-v) Certificate No. IN-HP02111034366148P Dated 24th day of January, 2017 ………………………………………………………………….

  • In addition, all current employees as of April that are bumped into the Plant Wide Utility classification, through no fault of their own, will receive the appropriate Red Circle Rate.

Related to Circle Rate

  • Applicable Rate means a percentage per annum equal to:

  • Variable Rate means a per annum rate of interest, equal to LIBOR plus 1.68%, as determined on the LIBOR Determination Date preceding each Interest Payment Date, reset quarterly, commencing upon expiration of the Fixed Rate Period.

  • Hurdle Rate means the minimum annual rate of return over the Net Asset Value at launch, or the beginning of the relevant Performance Period, as applicable, that must be achieved before an Equalisation Performance Fee is applied (details of which are set out in the section headed “Unit Class Information” in the Supplement for the relevant Fund where applicable). This rate is accrued at each Valuation Point.

  • Maximum Applicable Rate with respect to APS, has the meaning set forth in Section 11.10(a)(vii) of these Bylaws.

  • Reference Rate means the rate specified as such hereon.