With rise in expenditures salaries of the PSU staff has increased significantly and at GM level they are drawing salary and perks of not less than Rs.7,000 per day . We as chartered accountants should draw fees and perks not less than GM scale for internal assignments and MD level for ststutory audits and our article clerks should not get pay less than the clerks grade. .In case of PSU such as Insurance etc. The statutory fees have not been revised significantly to give justice to the work. In case of internal assignments of
concurrent audits and Revenue audits of few Banks Chartered Accountants are getting less than Rs.2000 per day the same should be protested by all the chartered accountants collectively though ICAI and C&AG office . Whoever are accepting the work should accept it by registering proper protest against this practice and with right to recover the difference. Keeping low fees should be seen as a measure to have less mandays in inspection work and should not be treated as good practice by the C&AG office.
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