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Gujarat cooperatives societies protest 10-fold increase in audit fees
The Free Press Journal - Mumbai
|September 24, 2025
A storm is brewing in Gujarat's cooperative sector after the state government announced a 10-fold hike in audit fees through a gazette notification dated September 4, 2025. The decision has triggered outrage across cooperative societies-ranging from milk and service societies to urban credit and forest cooperatives-who fear the increase will severely strain their financial viability.
The sharp escalation links audit fees directly to turnover, meaning larger and well-functioning cooperatives will bear a disproportionately heavy burden. For Gujarat's thriving milk societies, often hailed as the backbone of rural prosperity, the impact could be devastating.
Diese Geschichte stammt aus der September 24, 2025-Ausgabe von The Free Press Journal - Mumbai.
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