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Increase in Entrance, Annual Membership, COP & Restoration Fee - ICAI

Posted Date : 14-Feb-2017 , 07:45:30 am | Posted By CASANSAAR print Print
[TO BE PUBLISHED IN PART III, SECTION 4 OF THE GAZETTE OF INDIA,
EXTRAORDINARY DATED, 9TH FEBRUARY, 2017]
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
New Delhi, the 9th February, 2017

NOTIFICATION

No.1-CA(7)/179/2017:- In exercise of the powers conferred under sub-section (3) of section 4 and 5, sub-section (2) of section 6, sub-section (4) of section 19 and sub­section (3) of section 20 of the Chartered Accountants Act, 1949 read with regulations 5 and 6 of the Chartered Accountants Regulations, 1988, the Council of the Institute of Chartered Accountants of India, with the prior approval of the Central Government, wherever required, hereby notifies the following rates of fee for entry of name in the Register of Members, annual membership fee, annual certificate of practice fee and fee for restoration of name in the Register of Members:-
 
Sl. No. Particulars of fee payable Fee payable w.e.f.
1.4.2017
1. Entrance Fee payable under regulation 5 –  
  – as an Associate Rs.2,000/-
  – as a Fellow Rs.2,500/-
2. Annual Membership Fee payable under sub
regulation (1) of regulation 6 –		  
  – as an Associate Member Rs.1,500/-
  – as Fellow Member Rs.3,000/-
3. Certificate of Practice fee payable under sub‑
regulation (2) of regulation 6 –		  
  – as an Associate Member Rs.3,000/-
  – as a Fellow Member Rs.4,000/-
4. Fee for restoration of name in the Register of  
  Members payable under sub-regulation (3) of
regulation 6 –		  
  (i) within 3 years of removal Rs.1,200/-
  (ii) after 3 years of removal but before 5 years Rs.3,000/-
  (iii) after 5 years of removal Rs.4,000/-
     
 
Notwithstanding the rates of annual membership fee specified at Serial Number 2 above, a member who has attained the age of 60 years and above as on the 1st day of April of the relevant year, but not holding the certificate of practice shall pay such annual membership fee at the rates specified below:-

Associate Member – Rs.1,100/-
Fellow Member – Rs.2,300/-

The aforesaid revised rates of fees shall come into force with effect from 1st April, 2017.


(V. Sagar)
Secretary
ICAI

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