Revised fees of Bank Audit 2011-2012 & increase in time line to complete the audit to 21 April at branch level
Category of bank branch Rates of audit fees Revised Rates of audit
(on the basis of quantum of advances) (Rs.) New Fees
Upto Rs.75 lakh 12,500/- 15,625
Above Rs.75 lakh and upto Rs.150 lakh 15,000/- 18,750
Above Rs.150 lakh and upto Rs.300 lakh 22,500/- 28,125
Above Rs.3 crore and upto Rs.5 crore 30,000/- 37,500
Above Rs.5 crore and upto Rs.10 crore 35,000/- 43,750
Above Rs.10 crore and upto Rs.20 crore 50,000/- 62,500
Above Rs.20 crore and upto Rs.30 crore 69,000/- 86,250
Above Rs.30 crore and upto Rs.50 crore 1,05,000/- 131,250
Above Rs.50 crore and upto Rs.75 crore 1,20,000/- 150,000
Above Rs.75 crore and upto Rs.125 cror 1,59,000/-198,750
Above Rs.125 crore and upto Rs.175 crore1,99,000/-248,750
Above Rs.175 crore and upto Rs.300 crore2,50,000/- 312,500
Above Rs.300 crore and upto Rs.500 crore2,82,000/- 352,500
Above Rs.500 crore 3,13,000 391,250
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IS THE NEWS CONFIRMED ? KINDLY PROVIDE THE INFORMATION FROM WHERE IT CAN BE CONFIRMED FROM RBI SITE ? CA DEEPAK DHOOT
ReplyDeleteSHRI NAGAR SIR, PLEASE PROVIDE THE SOURCE FOR ABOVE NEWS.
ReplyDeleteAshwinbhai,
ReplyDeleteany authentic source of this information ?. CA. Milind Joshi
Please provide RBI reference circular or notification
ReplyDeletebanks do not agree to pay more to auditor as this is waste ful expenses
ReplyDeleteCAN WE SAY WASTEFUL EXERCISE AS NO AUDITOR IS GIVING ANY MOC NOR THEY SPEND TIME FOR COMPLETION OF AUDIT
Deletehere old and new fees mention is just bank stautory fess + 25% LFAR & TAX ADUIT FEES
ReplyDelete