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ICAI Decided to grant Financial Assistance to Students

ICAI Decided to grant Financial Assistance to Students

The Board of Trustees of The Chartered Accountants’ Students Benevolent Fund has decided to grant financial assistance to 800 students, out of which 400 male and 400 female students, who are currently undergoing articled training in accordance with The Chartered Accountants Regulations, 1988 and are poor, needy but meritorious to pursue the Chartered Accountancy Course, @ Rs. 1000/- p.m. for one year with effect from 1st April, 2015 to 31st March, 2016 to be paid in lump sum, subject to filing of required application.

The eligibility criteria for obtaining financial assistance from CASBF are as under:

  • Passed 10 + 2 examination with a minimum of 70 percent marks and Common Proficiency Test of ICAI in the first attempt or
  • Passed B. Com Examination from a recognized University with a minimum of 60% marks.
  • Currently undergoing articled training as per CA Regulations, 1988
  • Annual income of parents from all sources must be less than Rs. 1.50 lakh.

Students both male and female who are fulfilling the above criteria may apply for financial assistance from the Chartered Accountants’ Students Benevolent Fund. Students may send their request in the prescribed Application form duly filled in to the Member Secretary, Chartered Accountants’ Students Benevolent Fund at the following address so as to reach on or before 15th November, 2015. The form can be downloaded from website of the Institute www.icai.org.

The Board of Trustees will consider each of such cases on merit basis and decide at their discretion on the amount to be granted from Chartered Accountants Students Benevolent Fund.

Those students, who have applied for financial assistance from Chartered Accountants’ Students Benevolent Fund which was announced on 3rd September, 2015 through the Institute’s website and published in Students News letter for the month of October, 2015, need not apply again

ICAI Decided to grant Financial Assistance to Students

Gujarat VAT department has issued circular

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