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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.
This story is from the September 24, 2025 edition of The Free Press Journal - Mumbai.
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