How much can a praticing CA charge for preparing CMA data for consortium bank finance and the sanction limit is of Rs 40 cr?
C.A. Parin Poojara
(Chartered Accountant)
(90 Points)
Replied 05 April 2013
You can easily demand fees of Rs. 10,000.
Akshit
(Article)
(35 Points)
Replied 18 December 2023
You should not charge less than Rs. 50,000.
Your client will be paying interest of around 4 crore per year on the limit which they will avail based on your CMA. 50,000 is pennies in front of that.
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