Minimum Threshold for Payments

If your quarterly determination of royalties in any calendar year exceeds four thousand seven hundred and seventy-five INR (₹4,775), the payment shall be issued according to the quarterly payment schedule. If the quarterly royalties due are equal to or less than four thousand seven hundred and seventy-five INR (₹4,775), the quarterly royalty amount will be carried forward and added to the subsequent quarterly royalty amount due. Until cumulative author royalties exceed four thousand seven hundred and seventy-five INR (₹4,775), each quarterly author royalties will be carried forward and added to the cumulative author royalties. Cumulative author royalties at the end of a calendar year will be issued by 28 February.