Home India The Institute of Chartered Accountants of India In pursuance of Regulation 22 of the Chartered Accountants R...
Date: 2021-06-11 Category: Extra Ordinary State: Union Government Country: India

In pursuance of Regulation 22 of the Chartered Accountants Regulations,

Issued by The Institute of Chartered Accountants of India · Not Applicable

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Executive Summary & Key Takeaways

## Report on the Institute of Chartered Accountants of India (ICAI) Notification Regarding Foundation Examination - June 2021 **1. Executive Summary:** This report analyzes a notification from the Institute of Chartered Accountants of India (ICAI) concerning the Chartered Accountants Foundation Examination to be held in June 2021. The core purpose of this notification is to announce the dates, locations, procedures, and fees for the examination. Key findings include the scheduled examination dates, a comprehensive list of examination centers in India and overseas, detailed instructions for online application and fee payment, and information regarding the option to answer papers in Hindi/English. The notification clarifies examination timings including advance reading time and late fee charges for application submissions. **2. Introduction:** This report provides an overview of the ICAI notification regarding the Chartered Accountants Foundation Examination, June 2021. The analysis is based solely on the provided policy text and aims to inform the concerned individuals and stakeholders about the key aspects of this notification. **3. Policy Overview:** * This is a new notification regarding the upcoming examination, not an amendment to an existing policy. * **Core Objective(s):** As inferred from the text, the core objectives of this notification are to: * Officially announce the schedule and locations for the June 2021 Chartered Accountants Foundation Examination. * Provide clear guidelines for candidates regarding application procedures, fee payment, and examination regulations. * Ensure that all stakeholders are aware of important timelines and instructions relating to the examination. **4. Background and Rationale:** This notification addresses the need for clear and timely communication regarding the upcoming Foundation Examination. It provides a centralized source of information, covering all necessary details for candidates preparing to appear for the examination. The wide distribution network of "The Gazette of India" and the ICAI website also suggests the importance of widespread awareness of the examination details. **5. Key Provisions / Changes:** This is a new policy therefore the main components, rules, and actions mandated by the provided text are as follows: * **Examination Dates:** The Chartered Accountants Foundation Examination under the new scheme will be held on June 24th, 26th, 28th, and 30th, 2021. * **Examination Centers:** The notification lists a comprehensive set of examination centers across India and overseas locations. These are detailed by state/country and city. * **Examination Timings:** Paper 1 and 2 will be conducted from 2 PM to 5 PM (IST) with a duration of 3 hours, while Paper 3 and 4 will be conducted from 2 PM to 4 PM (IST) with a duration of 2 hours. * **Reading Time:** In Paper 3 and 4 of Foundation Examination there will not be any advance reading time, whereas in all other papers exams mentioned above, an advance reading time of 15 minutes will be given from 1.45 PM IST to 2 PM IST. * **Application Procedure:** Candidates are required to apply online at https:icaiexam.icai.org between April 20th, 2021 and May 4th, 2021. * **Fee Payment:** Examination fees must be paid online using VISA, MASTER, MAESTRO Credit/Debit Card, Rupay Card, Net Banking, Bhim UPI. * **Late Fee:** Applications submitted after May 4th, 2021 and up to May 7th, 2021 will incur a late fee of INR 600 for domestic and Kathmandu centers, and US$10 for overseas centers. * **Examination Fees:** * For Indian Centers: INR 1500 * For Overseas Centers (excluding Kathmandu): US$325 * For Kathmandu, Nepal Center: INR 2200 * **Medium of Examination:** Candidates have the option to answer papers in either English or Hindi. * **Cancellation of Centers:** The Council reserves the right to withdraw any city center without assigning any reason. * **Overseas Exam Timings:** specific examination commencement timings are set for Abu Dhabi, Dubai, Muscat, Bahrain, Doha, Kampala, Kuwait, and Kathmandu centres relative to IST. **6. Target Audience and Stakeholders:** The primary target audience and stakeholders for this notification are: * Candidates intending to appear for the Chartered Accountants Foundation Examination, June 2021. * ICAI officials and staff involved in the examination process. * Coaching institutes and educators preparing students for the examination. * Parents and guardians of the candidates. **7. Implementation Aspects (Inferred):** * **Responsible agency:** The Institute of Chartered Accountants of India (ICAI) is the responsible body for implementing this notification. * **Timelines:** * Online application period: April 20th, 2021 to May 4th, 2021. * Late application period: May 4th, 2021 to May 7th, 2021 (with late fee). * Examination dates: June 24th, 26th, 28th and 30th, 2021. * **Procedures:** The notification outlines the procedure for online application and fee payment. It also indicates that detailed information can be found in guidance notes on the ICAI website. **8. Expected Outcomes / Impact of Changes:** The likely intended outcomes of this notification are: * Ensure a smooth and organized conduct of the Chartered Accountants Foundation Examination. * Enable candidates to register and appear for the examination in a timely manner. * Provide transparency and clarity regarding the examination process. * Minimize confusion and address potential queries from candidates. **9. Conclusion:** The ICAI notification regarding the Chartered Accountants Foundation Examination, June 2021, is a crucial document for all stakeholders involved. It provides essential information regarding the examination schedule, locations, application procedures, and fees. By clearly outlining these details, the notification aims to facilitate a transparent and efficient examination process, enabling aspiring Chartered Accountants to take the first step in their professional journey.

Key Entities Referenced

Meghalaya: One of the states where the Chartered Accountants Foundation Examination will be held Chartered Accountants Regulations, 1988: A set of regulations under which the Institute of Chartered Accountants of India operates. Council of the Institute of Chartered Accountants of India: The governing body of the Institute of Chartered Accountants of India, responsible for notifying the Chartered Accountants Foundation Examination. Chartered Accountants Foundation Examination: An examination conducted by the Institute of Chartered Accountants of India. NEW DELHI: Location of publication. JUNE 2021: The month in which the Chartered Accountants Foundation Examination will be held. Andhra Pradesh: One of the states where the Chartered Accountants Foundation Examination will be held Assam: One of the states where the Chartered Accountants Foundation Examination will be held Bihar: One of the states where the Chartered Accountants Foundation Examination will be held Chhattisgarh: One of the states where the Chartered Accountants Foundation Examination will be held Haryana: One of the states where the Chartered Accountants Foundation Examination will be held Himachal Pradesh: One of the states where the Chartered Accountants Foundation Examination will be held Jammu and Kashmir: One of the union territories where the Chartered Accountants Foundation Examination will be held Jharkhand: One of the states where the Chartered Accountants Foundation Examination will be held Karnataka: One of the states where the Chartered Accountants Foundation Examination will be held Kerala: One of the states where the Chartered Accountants Foundation Examination will be held Madhya Pradesh: One of the states where the Chartered Accountants Foundation Examination will be held Maharashtra: One of the states where the Chartered Accountants Foundation Examination will be held Manipur: One of the states where the Chartered Accountants Foundation Examination will be held Nagaland: One of the states where the Chartered Accountants Foundation Examination will be held Odisha: One of the states where the Chartered Accountants Foundation Examination will be held Punjab: One of the states where the Chartered Accountants Foundation Examination will be held Rajasthan: One of the states where the Chartered Accountants Foundation Examination will be held Sikkim: One of the states where the Chartered Accountants Foundation Examination will be held Tamil Nadu: One of the states where the Chartered Accountants Foundation Examination will be held Telangana: One of the states where the Chartered Accountants Foundation Examination will be held Tripura: One of the states where the Chartered Accountants Foundation Examination will be held Uttar Pradesh: One of the states where the Chartered Accountants Foundation Examination will be held Uttarakhand: One of the states where the Chartered Accountants Foundation Examination will be held West Bengal: One of the states where the Chartered Accountants Foundation Examination will be held Abu Dhabi: One of the overseas examination centers for the Chartered Accountants Foundation Examination. Bahrain: One of the overseas examination centers for the Chartered Accountants Foundation Examination. Doha: One of the overseas examination centers for the Chartered Accountants Foundation Examination. Dubai: One of the overseas examination centers for the Chartered Accountants Foundation Examination. Kampala Uganda: One of the overseas examination centers for the Chartered Accountants Foundation Examination. Kathmandu: One of the overseas examination centers for the Chartered Accountants Foundation Examination. Kuwait: One of the overseas examination centers for the Chartered Accountants Foundation Examination. Muscat: One of the overseas examination centers for the Chartered Accountants Foundation Examination. 20th April, 2021 to 4th May, 2021: The dates during which candidates are required to apply online for the Foundation Examination. https:icaiexam.icai.org: The website where candidates can apply online for the Foundation Examination. VISA: One of the accepted methods of online payment MASTER: One of the accepted methods of online payment MAESTRO: One of the accepted methods of online payment Rupay: One of the accepted methods of online payment Net Banking: One of the accepted methods of online payment Bhim UPI: One of the accepted methods of online payment RAKESH SEHGAL: Acting Secretary of the Institute of Chartered Accountants of India. Institute of Chartered Accountants of India: The institute which will conduct the examination.
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रिज(cid:7021)(cid:7069)ी स.ं डी.एल.- 33004/99 REGD. No. D. 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nksigj 12-30 cts lss gksxk] vkcqèkkch] nqcbZ] ,oa eLdV dk LFkkuh; le; Hkkjrh; le;kuqlkj nksigj 2-00 ctss ds cjkcj gSA cgjhu] nkgs k] dqoSRk ,oa daikYkk ¼;qxk.Mk½ ijh{kk dsUnzkas ds fy, ijh{kk izkjaHk gkus s dk le; izkr% 11-30 cts gksxk] cgjhu] nksgk] dqoSRk ,oa daikYkk ¼;qxk.Mk½ dk LFkkuh; le; Hkkjrh; le;kuqlkj nksigj 2-00 cts dss cjkcj gS A dkBekaM ¼usIkky½ ijh{kk dsUnz ds fy, ijh{kk izkjaHk gksu s dk le; nksigj 2-15 ctss gksxk] dkBekaMw ¼usIkky½ dk LFkkuh; le; Hkkjrh; le;kuqlkj nksigj 2-00 cts dss cjkcj gSA ifj"kn viu s fo'ks"kkfèkdkj ds vUrZxr fdlh Hkh ijh{kk dsUæ dks fdlh Hkh le; fcuk dksbZ dkj.k fn;s jn~n dj ldrh gSA Qkm.Ms”ku ijh{kk esa izos'k ds fy, vkWuykbu vkosnu i= https://icaiexam.icai.org ij ls rd Hkj ldrs gaS] vkSj ijh{kk “kqYd dk HkqXkRkku vkWuykbu vius ohtk ekLVj vFkok esLVªsk ØsfMV@MsfcV dkMZ @#is dkMZ @uVs CkSZfdax@Hkhe ;wIkhvkb }kjk dj ldrs gaS A RkFkkfi] ;fn os4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] ds ckn rFkk rd vkWuykbu vkosnu djr s gSa] rkss mUga s 600@&#i; s dh vfrfjDr jkf”k ¼?kjsyw ,oa dkBEkkaMw ijh{kk dsUæ½ ,oa fons”k esa fLFkr ijh{kk dsUæ ds fy, $10 dh vfrfjDr jkf”k dk HkqXkrku foyEc 'kqYd ds :Ik esa djuk gksxkA fofHkUu ijh{kkvksa ds fy;s ns; ijh{kk 'kqYd bl çdkj gSA Qkm.Ms”ku Hkkjr esa fLFkr ijh{kk dsUnzksa ds fy, 1500@& fOkns”k esa fLFkr ijh{kk dsUn z ds fy, & dkBEkkaMw dsk NksM+dj ;w0,l0 MkWyj 325 Hkkjrh; eqæk 2200@& Ikjh{kk vkosnu i=ksa dks fu/kZkfjRk fRkfFk ds ckn Hkjus ij ifj"kn }kjk fu/kZkfjRk 600@&#i;s dh vfrfjDr jkf”k ¼?kjsyw ,oa dkBEkkMa w ijh{kk dsUæ ½ ,oa fons”k esa fLFkr ijh{kk dsUæ ds fy, us $10 dh vfrfjDr jkf”k dk HkqXkrku foyEc 'kqYd ds :Ik esa djuk gksxkaaA Qkm.Ms”ku ijh{kk ds mEehnokjksa dks mÙkj vaxzth@ fgUnh ekè;e ls nsus dh lqfoèkk nh tkrh gSA foLr`r tkudkjh vkosnu i= ds fn”kkfunsZ”k esa of.kZr osclkbV http://icaiexam.icai.org Ikj miyCèk gSA vH;fFkZ;ka s dks iqu% lykg nh tkrh gS fd] mijkDs r dks /;ku esa j[ka s vkSj fu;fer #i ls laLFkku dh osclkbV www.icai.org ns[krs jgsa A ”k , [िव(cid:6980)ापन-III/4/असा./73/2021-22] THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA [Set up by an Act of Parliament] NOTIFICATION New Delhi, the 8th March 2021 No. 13-CA (EXAM)/Foundation/June/2021.—In pursuance of Regulation 22 of the Chartered Accountants Regulations, 1988, the Council of the Institute of Chartered Accountants of India is pleased to notify that the next Chartered Accountants Foundation Examination will be held on the dates given below at the following cities provided that sufficient number of candidates offer themselves to appear from each city. FOUNDATION COURSE EXAMINATION – Under NEW SCHEME [As per syllabus contained in the scheme notified by the Council under Regulation 25 F (3) of the Chartered Accountants Regulations, 1988.] 24th , 26th, 28th & 30th JUNE 2021 It may be emphasized that there would be no change in the examination schedule in the event of any day of the examination schedule being declared a Public Holiday by the Central Government or any State Government / Local Holiday. Candidates may note the examination timing(s): Examination Paper(s) Exam. Timings (IST) Duration Paper 1 & 2 2 PM to 5 PM 3 Hours Foundation Paper 3 & 4* 2 PM to 4 PM 2 Hours *In Paper 3 and 4 of Foundation Examination there will not be any advance reading time, whereas in all other papers / exams mentioned above, an advance reading time of 15 minutes will be given from 1.45 PM (IST) to 2 PM (IST). PLACES OF EXAMINATION CENTRES IN INDIA: The Chartered Accountants Foundation Examination in June 2021 will be held in the following cities:[भाग III—ख(cid:7003) ड 4] भारत का राजप(cid:7074) : असाधारण 5 Name of the Name of the Examination City State Andhra Pradesh Anantapur, Eluru, Guntur, Kadapa, Kakinada, Kurnool, Nellore, Ongole, Rajamahendravaram, Srikakulam, Tirupati, Vijayawada, Visakhapatnam and Vizianagaram Assam Dibrugarh, Golaghat, Guwahati , Jorhat, Nagaon, Sibsagar, Silchar, Tezpur and Tinsukia Bihar Arrah, Aurangabad, Banka, Begusarai, Bettiah, Bhagalpur, Bihar Sharif, Chhapra, Darbhanga, Gaya, Gopalganj, Hajipur, Jamui, Jehanabad, Katihar, Lakhisarai, Madhepura, Madhubani, Motihari, Munger, Muzaffarpur, Nawada, Patna, Purnea, Samastipur, Sasaram, Sitamarhi, Siwan and Supaul Chattisgarh Ambikapur, Bilaspur, Durg, Janjgir, Korba, Raigarh, Raipur and Rajnandgaon Chandigarh Chandigarh Delhi / New Delhi / New Delhi Delhi Dadra & Nagar Silvassa Haveli Goa Mapusa and Margao Gujarat Ahmedabad, Amreli, Anand, Bharuch, Bhavnagar, Bhuj, Gandhidham, Gandhinagar, Godhra, Himatnagar, Jamnagar, Junagadh, Mehsana, Nadiad, Navsari, Palanpur, Porbandar, Rajkot, Surat, Surendranagar, Vadodara and Vapi Haryana Ambala, Bahadurgarh, Bhiwani, Faridabad, Fatehabad, Gurgaon, Hisar, Jind, Kaithal, Karnal, Kurukshetra, Narnaul, Panipat, Rewari, Rohtak, Sirsa, Sonepat and Yamuna nagar Himachal Hamirpur, Kangra, Mandi, Shimla, Solan and Una Pradesh Jammu & Jammu and Srinagar Kashmir Jharkhand Bokaro Steel City, Deoghar, Dhanbad, Dumka, Giridih, Hazaribagh, Jamshedpur, Ramgarh and Ranchi Karnataka Bagalkot, Belgaum, Bellary, Bengaluru, Bidar, Chamaraja Nagar, Chikamgalur, Chikkaballapur, Chitradurga, Davangere, Gadag, Hassan, Haveri, Hubli, Kalaburgi (gulbarga), Kolar, Koppal, Madikere, Mandya, Mangalore, Mysore, Raichur, Shimoga, Sirsi, Tumakuru, Udupi and Vijayapura Kerala Adoor, Alappuzha, Ernakulam, Idukki, Kalpetta, Kannur, Kasaragod, Kollam (quilon), Kottayam, Kozhikode, Malappuram, Palakkad, Thiruvananthapuram and Thrissur Madhya Pradesh Balaghat, Betul, Bhopal, Burhanpur, Chhatarpur, Chhindwara, Dewas, Dhar, Guna, Gwalior, Hoshangabad, Indore, Itarsi, Jabalpur, Katni, Khandwa, Khargone, Mandsaur, Narsinghpur, Neemuch, Ratlam, Rewa, Sagar, Satna, Sehore, Shahdol, Shajapur, Shivpuri, Singrauli, Ujjain and Vidisha Maharashtra Ahmednagar, Akola, Amravati, Aurangabad, Badlapur, Beed, Bhandara, Bhiwandi, Khamgaon (Buldhana), Chandrapur, Dhule, Gondia, Hingoli, Ichalkaranji, Jalgaon, Jalna, Kolhapur, Latur, Mumbai, Nagpur, Nanded, Nandurbar, Nasik, Navi mumbai, Osmanabad, Palghar, Panvel, Parbhani, Pimpri-chinchwad, Pune, Ratnagiri, Sangli, Satara, Sindhudurg, Solapur, Thane, Vasai, Wardha, Washim and Yavatmal Meghalaya Shillong Manipur Imphal Nagaland Dimapur Odisha Angul, Balangir, Balasore, Bargarh, Berhampur (brahmapur), Bhadrak, Bhubaneswar, Cuttack, Jagatsinghpur, Jajpur, Jeypore, Jharsuguda, Kendrapara, Keonjhar, Puri, Rayagada, Rourkela and Sambalpur Andaman and Port Blair Nicobar Islands Puducherry Puducherry Punjab Amritsar, Bathinda, Ferozepur, Hoshiarpur, Jalandhar, Ludhiana, Mandi Gobindgarh, Mansa, Pathankot, Patiala, Phagwara, Sangrur and Sri Muktsar Sahib6 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] Rajasthan Ajmer, Alwar, Balotra, Banswara, Beawar, Bharatpur, Bhilwara, Bikaner, Bundi, Chittorgarh, Churu, Dausa, Dungarpur, Hanumangarh Town, Jaipur, Jalore, Jhalawar, Jhunjhunu, Jodhpur, Kishangarh, Kota, Nagaur, Pali - marwar, Rajsamand, Sikar, Sirohi, Sri ganga nagar, Tonk and Udaipur Sikkim Gangtok Tamil Nadu Chennai, Coimbatore, Cuddalore, Dharmapuri, Dindigul, Erode, Hosur, Kancheepuram, Karaikudi, Karur, Kumbakonam, Madurai, Nagapattinam, Nagercoil, Namakkal, Ooty, Pudukkottai, Salem, Sivakasi, Theni, Tiruchirapalli, Tirunelveli, Tirupur, Tiruvallur, Tiruvannamalai, Tuticorin, Vellore and Villupuram Telangana Adilabad, Hyderabad, Karimnagar, Khammam, Mahabubnagar, Medak, Nalgonda Nizamabad, Sangareddy, Shamshabad and Warangal Tripura Agartala Uttar Pradesh Agra, Aligarh, Allahabad(Prayagraj), Amroha, Azamgarh, Badaun, Baghpat, Bahraich, Ballia, Bareilly, Basti, Bhadohi, Bijnor, Bulandshahr, Deoria, Etah, Etawah, Faizabad, Firozabad, Ghaziabad, Ghazipur, Gonda, Gorakhpur, Hathras, Jaunpur, Jhansi, Kanpur, Kushinagar, Lakhimpur Kheri, Lucknow, Mathura, Meerut, Mirzapur, Moradabad, Muzaffarnagar, Noida, Pilibhit, Pratapgarh, Rae Bareli, Rampur, Saharanpur, Shahjahanpur, Sonebhadra, Sultanpur and Varanasi Uttarakhand Almora, Dehradun, Haldwani, Haridwar, Kashipur and Kotdwar West Bengal Asansol, Durgapur, Haldia, Hooghly, Kharagpur, Kolkata, Purulia, Raniganj and Siliguri PLACES OF EXAMINATION CENTRES OVERSEAS: Overseas Abu Dhabi, Bahrain, Doha, Dubai, Kampala (Uganda), Kathmandu, Kuwait, Muscat The Examination commencement timings at Abu Dhabi, Dubai and Muscat Centres will be 12.30 PM i.e. Abu Dhabi, Dubai and Muscat local time corresponding / equivalent to 2 PM. (IST). The Examination commencement timing at Bahrain, Doha, Kampala and Kuwait Centre will be 11.30 AM i.e. Bahrain / Doha / Kampala / Kuwait local time corresponding / equivalent to 2 PM. (IST). The Examination commencement Timing at Kathmandu (Nepal) Centre will be 2.15 PM Nepal local time corresponding / equivalent to 2 PM (IST). The Council reserves the right to withdraw any city / centre at any stage without assigning any reason. Online filling up of examination forms: Applications for admission to Foundation Examination; Candidates are required to apply on-line at https://icaiexam.icai.org from 20th April, 2021 to 4th May, 2021 and remit the examination fee on-line by using VISA or MASTER or MAESTRO Credit / Debit Card / Rupay Card / Net Banking / Bhim UPI. They shall however, be required to remit additional ₹ 600/- towards late fee (for Domestic & Kathmandu centres) and US$ 10 (for Overseas centres) in case the on-line application is made after 4th May, 2021 and upto 7th May, 2021. \ The examination fees payable is as under:-- Foundation Course Examination For Indian Centre(s) ₹ 1500/- For Overseas Centre(s) – Excluding Kathmandu Centre US$ 325 For Kathmandu (Nepal) Centre INR ₹ 2200 The late fee for submission of examination application form after the scheduled last date would be ` 600/- (for Indian / Kathmandu Centres) and US $ 10 (for Abroad Centres) as decided by the Council. OPTION TO ANSWER PAPERS IN HINDI: Candidates of Foundation Examination will be allowed to opt for English / Hindi medium for answering papers. Detailed information will be found in guidance notes hosted at http://icaiexam.icai.org. The Candidates are further advised to note the above and stay in touch with the website of the Institute, www.icai.org. RAKESH SEHGAL, Acting Secy. [Advt. III/4/Exty./73/2021-22] Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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