The Reader

From: anb@vsnl.com <anb@vsnl.com>
Subject: Re: [casofpune] Regarding low payment of professional fees by PSUs
To: casofpune@yahoogroups.com
Cc: "CA of Pune" <casofpune@yahoogroups.com>, "aurangabad CA" <aurangabad_ca@yahoogroups.com>, "Thane CAs" <thanecas@yahoogroups.com>
Date: Monday, December 7, 2009, 5:37 AM

 

Dear All ,

I fully agree with the views of Mr. Sudhir Taori . We must represent to increase these ridiculously low fees .

Thanks and regards,
CA Amod Bapat

----- Original Message -----
From: sudhir taori <sudhirtaori@ yahoo.com>
Date: Monday, December 7, 2009 4:34 am
Subject: [casofpune] Regarding low payment of professional fees by PSUs
To: CA of Pune <casofpune@yahoogrou ps.com>, aurangabad CA <aurangabad_ca@ yahoogroups. com>, Thane CAs <thanecas@yahoogroup s.com>

> Dear All,
> We were happy initially to get a appointment leeter from C& AG
> regarding Insuarnce Division office and security audit from PSU.
> While for statutory audit fees C& AG has clearcut guidlines that
> they should be calculated based on manhours spent/ required
> All PSUs exepts banks fix the fees on very lower side and they are
> not revised on yearly basis and their are cases where fees is
> increased on 10 yearly 5 yearly basis.
> In my opinion ICAI should represent with all concerned bodies that
> the fees should be revised in proportion of the increase in
> Salaries to their own employees as benchmark proportion every year.
> I represented the case on individual basis with managing director
> and also to the representation commitee . But unless we unite and
> put together the demad its not going to work .
> Even after doing work at so low rates their is no recognition of
> this gratitude by the PSUs
> Nobody can refuse C& AGs work as they may not give work next time.
>  
> When I saw fees of one government owned corporation with corpus of
> more than 500 cr.s and its fees as Rs.80000 . I feel their are
> many others like me
>  
> All concurrent audits revenue audits stock audits have the same
> problem. Lets put our demad in collective manner the new office
> beares should take this as their first task
>  
>  
> With increased fees the clients will not suffer rather they will
> get improved services and also better payback
>  
> I request all concerned should raise protest before accepting the
> assignment. 
> Thanks & Regards
>
>
>