CA NeWs Beta*: RRB audit fee revised by NABARD wef F.Yr. 2012-2013

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Friday, May 24, 2013

RRB audit fee revised by NABARD wef F.Yr. 2012-2013

As per information received (Authentic Circular awaited), RRB audit fee revised by NABARD vide circ.No.-NB.IDD.RRCBD.BMBL/323-D/2013-14 dt.22.5.13. All RRB auditor's will get fee for 2012-13 as per revised rates.

At least some increase in fees and major relief is that TA & DA expenses have now come more or less at Par with audit of PSB.

RRB branch audit fee before revision


1 Upto Rs.1.0 crore 2900
2 Above Rs.1.0 crore to Rs.3.0 crore 3100
3 Above Rs.3.0 crore to Rs.5.0 crore 3900
4 Above Rs.5.0 crore to Rs.7.5 crore 4700
5 Above Rs.7.5 crore 5500

RRB branch audit fee after revision (Slabs has also been revised)

Sr
No Quantum of Loans & Advances of the concerned branch (Excluding Inter branch advances) Audit fee
(Rs.)

1 Upto Rs.2.50 crore 3875
2 Above Rs.2.50 crore to Rs.5.0 crore 4875
3 Above Rs.5.0 crore to Rs.8.0 crore 5875
4 Above Rs.8.0 crore 6875

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