Announcements - amendment in council general guidelines , 20

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ANNOUNCEMENT
No. ICAI/ESB/2011/01

All the members of Institute of Chartered Accountants of India (ICAI) are hereby informed that in terms of the Council decision taken at its 306th Meeting held on 7th - 8th June, 2011, the Chapter-XII (Minimum Audit Fee in respect of Audit) of the Council General Guidelines, 2008 appended to the ICAI publication titled “ The Chartered Accountants Act, 1949” has been repealed with effect from 7th June, 2011

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Thanks for update.......

Is the effect of this amendment to allow CAs to take audit assignment without charging Audit fee??

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