Page 150 - Quick Insights Book 2022

Ann. 12 – Revised Minimum Recommended Scale of Fees for the Professional Assignments...

PARTICULARS Revised minimum Recommended scale of Fees
Class ‘A’ Cities (`) Class ‘B’ Cities (`) Class ‘C’ Cities (`)

(c) Exemption Certificate under section 80G of 20,000/- & Above 15,000/- & Above 10,000/- & Above
Income Tax Act
(d) Filing Objection Memo/other Replies 10,000/- & Above 7,000/- & Above 5,000/- & Above
(e) Filing of Change Report 10,000/- & Above 7,000/- & Above 5,000/- & Above
(f) Filing of Annual Budget 10,000/- & Above 7,000/- & Above 5,000/- & Above
(g) Attending before Charity Commissioner 8,000/- & Above per 6,000/- & Above per 4,000/- & Above
including for Attending Objections visit visit

(h) (i) F.C.R.A. Registration 35,000/- & Above 25,000/- & Above 18,000/- & Above
(ii) F.C.R.A. Certification 8,000/- & Above 6,000/- & Above 4,000/- & Above
4) COMPANY LAW AND LLP WORK
(a) Filing Application for Name Approval 8,000/- & Above 6,000/- & Above 4,000/- & Above
(b) Incorporation of a Private Limited Company/ 35,000/- & Above 25,000/- & Above 18,000/- & Above
LLP
(c) Incorporation of a Public Limited Company 65,000/- & Above 45,000/- & Above 30,000/- & Above
(d) Advisory or consultation in drafting MOA, 15,000/- & Above 11,000/- & Above 8,000/- & Above
AOA
7) CERTIFICATION WORK
(a) Issuing Certificates under the Income Tax See Note 1 See Note 1 See Note 1
Act i.e. U/s 80IA/80IB/10 A/10B & other
Certificates
(b) Other Certificates For LIC/ Passport/Credit 10,000/- & Above 7,000/- & Above 5,000/- & Above
Card/Etc.
(c) Other Attestation (True Copy) 3,000/- & Above per 2,000/- & Above per 1,000/- & Above
form form
(d) Net worth Certificate for person going 18,000/- & Above 12,000/- & Above 8,000/- & Above
abroad
8) RERA
(a) Audit of Accounts 10,000/- & Above 7,000/- & Above 5,000/- & Above
(b) Appearance Before Appellate Tribunal 50,000/- & Above 35,000/- & Above 25,000/- & Above
of Regulatory Authority or Adjudicating
Authority
(c) Advisory & Consultation See Note 1 See Note 1 See Note 1
(d) Certification for withdrawal of amount See Note 1 See Note 1 See Note 1
9) CONSULTATION & ARBITRATION
Rate per hour would depend on the complexity of the work and the number of hours spends by each person
(a) Principal 35,000/- & Above (initial 25,000/- & Above (initial 18,000/- & Above (initial
fees) + additional fees fees) + additional fees fees) + additional fees
@ 8,000/- & Above per @ 6,000/- & Above per @ 4,000/- & Above per
hour hour hour
(b) Qualified Assistant 6,000/- & Above per 4,000/- & Above per 3,000/- & Above per
hour hour hour

(c) Semi Qualified Assistant 3,000/- & Above per 2,000/- & Above per 1,000/- & Above per
hour hour hour

Quick Insights on Professional Opportunities for Chartered Accountants 137