Hello,
I have worked for a year on transcriptions (both Video & Audio) for clients from the US, UK, Australia, parts of Europe & India. I got this exposure while I was working in my previous organization.
My rate would be Rs. 250 per hour of work & not the Audio Per Hour. The extra 28 is the freelancer.com fee. In terms of Audio Per Hour, my rate would be Rs. 2500 for every hour of Audio/Video transcribed. I can transcribe @ 1 Audio/Video hours per day. However, if the audio's unclear and needs a a lot of researching then I will need more time, may be 2 days (not more than that though). I can provide you the Subtitles on a SubRip or a .txt format or any other format you may desire.
Regards,
Abhishek Singh.