The patient efforts of PDC are resulting in some relief. As per latest information from reliable source, RBI has agreed for Rs. 20 Crore Advance for Bank Audit. In this situation also, there is no hope for category IV firms. Category IV firms shall remain in danger zone even if RBI agreed to Rs. 10 Crore Advance Branch for Audit. The best solution to this situation is that for this year the old system be restore and in the next year new policy may be taken up after providing an opportunity for consolidations of firms.
CA AMRESH VASHISHT, FCA, LLB,DISA(ICAI)
CA AMRESH VASHISHT, FCA, LLB,DISA(ICAI)
No comments:
Post a Comment