| Sr. No. | Particulars | Revised charges w.e.f. 01.12.2018 |
|---|---|---|
| All charges are in actual Rs. GST/Other Taxes, Outside Professional charges & Out of Pocket Expenses are to be paid in addition to these charges. | ||
| PUBLIC TRUST | ||
| 1 | Initial charges for consultation & Drafting of Deed in case Company is trustee / administrator | 10000 |
| 2 | Initial charges for consultation & Drafting of Deed ( Company is not involved as trustee / administrator ) | 20000 |
| 3 | Each Supplement Document / Modification | 1500 |
| 4 | Annual Management Charges (Charged on the outstanding balance on quarter ending ) | |
| 4.1 | Total Trust Fund less than Rs. 5.00 lacs | 1.5% of Trust fund |
| 4.2 | Total Trust Fund more than Rs. 5.00 lacs To Rs. 50.00 lacs | 1.25% of Trust fund |
| 4.3 | Total Trust Fund more than Rs. 50.00 lacs | 1% of trust fund |
| 5 | Minimum Annual Maintenance Charges | 5000 |
| 6 | Revocation / cancellation charges | 4000 |
| 7 | Registration Charges | |
| 7.1 | With Charity Commissioner | 10000 |
| 7.2 | With Income tax 12(a) & 80 G | 5000 |
| 7.3 | Renewal of 12 (a) & 80 G | 5000 |
| 7.4 | Application under FERA | 10000 |
| PRIVATE TRUST | ||
| 1 | Initial charges for consultation & Drafting of Deed in case Company is trustee / administrator | 5000 |
| 2 | Initial charges for consultation & Drafting of Deed ( Company is not involved as trustee / administrator ) | 10000 |
| 3 | Each Supplement Document / Modification | 1500 |
| 4 | Annual Management Charges (Charged on the outstanding balance on quarter ending ) | |
| 4.1 | Total Trust Fund upto Rs. 5.00 lacs | 1.50% of trust fund |
| 4.2 | Total Trust Fund more than Rs. 5.00 lacs to Rs. 50.00 lacs | 1.25% of Trust fund |
| 4.3 | Total Trust Fund more than Rs. 50.00 lacs | 1% of trust fund |
| 4.4 | Minimum Annual Maintenance Charges | 5000 |
| 4.5 | Revocation / cancellation charges | 4000 |
| MANAGEMENT OF PROPERTY UNDER POWER OF ATTORNEY | ||
| 1 | Initial Charges for consultation & Drafting Of POA | 5000 |
| 2 | Annual Management Charges | |
| 2.1 | Movables | |
| 2.1 a | Upto Rs. 5.00 lacs | 1% |
| 2.1 b | Above Rs. 5.00 lacs | 1.25% |
| Minimum Charges | 10000 | |
| 2.2 | Immovable | |
| 2.2 a | On Rental Income | 10% |
| 2.2 b | Own occupied / Vacant | To be decided Mutually after taking into consideration the nature of work involved – subject to Min Rs. 5000/- |
| WILLS | ||
| 1 | Initial charges for consultation & Drafting of Will ( in case Company is as appointed as Executor ) | 5000 |
| 2 | Initial charges for consultation & Drafting of Will (Company is not involved as Executor) | 10000 |
| 3 | Execution fees | |
| 3.1 | Movable Property charges to be recovered on Proceeds amount | 4% (Min. Rs 25000) |
| Immovable Property ( To be charged on Market value ) | ||
| 3.2 a | If the Property is in Possession of legatees and need simple transfer deed / registration etc. (Excluding sale to third person ) | |
| 3.2 a 1 | Upto Rs.20 lacs | 4% |
| 3.2 a 2 | Value > Rs. 20 lacs and upto Rs. 100 lacs | 2% |
| 3.2 a 3 | Value > Rs. 100 lacs | 1.5% |
| 3.2 b | Sale of the Property | |
| 3.2 b 1 | Upto Rs.30 lacs | 5% |
| 3.2 b 2 | Value > Rs. 30 lacs and upto Rs. 100 lacs | 3% |
| 3.2 b 3 | Value > Rs. 100 lacs | 2% |
| 4 | Minimum Execution Charges | 25000 |
| 5 | Each Supplement / Codicil | 2000 |
| 6 | Safe Custody Charges for will | 300 (p.a) |
| 7 | Probate Charges | 15000 |
| 8 | Revocation / cancellation charges | 2500 |
| OTHER CHARGES / SERVICES | ||
| 1 | Meeting fees | |
| 1.1 | In the Company office | 500 |
| 1.2 | At Outside office | 750 |
| 1.3 | After Office Hours | 1000 |
| 2 | Consultation / Visit of officials to Residence of Existing / Intending Clients | 1000 |
| 3 | Special Messenger | 100 |
| 4 | Cancellation Charges of PA , MWP etc. | 1500 |
| NOTE: The Percentage of Charges quoted above will be Annual. However, it will be levied per quarter proportionately. | ||
| CONCESSION IN SERVICE CHARGES | ||
| 1 | Employees / Ex-employees of Central Govt. / State Govt. / PSBs | 25% |
| 2 | Employees / Ex-employees of BoM / METCO | 50% |
| 3 | Powers to the CEO METCO for granting concession to any other clients depending upon total business / value to the Company | 25% |
| THE ABOVE REVISED CHARGES HAVE BEEN APPROVED BY BOARD OF DIRECTORS OF METCO IN THE MEETING HELD ON 16.11.2018. | ||
