In a significant move aimed at easing the burden on its esteemed members, the Council of the Institute of Chartered Accountants of India (ICAI) has taken a proactive step by extending the last date for payment of Membership/ Certificate of Practice (COP) fee for the year 2023-24. The new deadline for payment has been extended to 31st October, 2023. This decision comes in response to the technical issues faced by our members in submitting the “Know Your Member” (KYM) Form and making the payment of the annual Membership/COP fee through the Self-Service Portal (SSP).
Dinesh Kr. Mishra, Secretary of the Members & Students Services (Grievances Handling and e-Sahaayataa) Directorate, conveyed this important development through an official communication on September 30th, 2023.
Background
The ICAI, being one of the premier professional institutions in India, values the dedication and commitment of its members. However, it acknowledges that members have been facing genuine challenges in the submission of KYM forms and payment of annual Membership/COP fees due to technical glitches in the Self-Service Portal (SSP).
These technical issues have made it difficult for members to complete the required formalities within the original deadline, which was set for September 30th, 2023. Recognizing this predicament, the Council of ICAI, in its pursuit of fairness and in keeping with the Institute’s commitment to providing timely and efficient services to its members, has opted to extend the deadline.
Extended Deadline Details
The new deadline for payment of Membership/COP fee for the year 2023-24 is 31st October, 2023. Members are encouraged to take advantage of this extension and ensure timely compliance with their Membership and COP fee obligations.
Action Required
Members who have not yet paid their annual Membership/COP fee are kindly requested to promptly submit their KYM form and make the necessary payment before the revised deadline of 31st October, 2023.
Conclusion
The ICAI understands that its members are essential stakeholders in the accounting profession and endeavors to facilitate their seamless participation in the Institute’s activities. By extending the last date for fee payment, ICAI demonstrates its commitment to addressing the challenges faced by its members and ensuring that they receive the support they need during these times of technical difficulties.
The Institute expresses gratitude to its members for their continued dedication and looks forward to their continued association. This extension of the Membership/COP fee payment deadline serves as a testament to ICAI’s dedication to its members’ welfare and its commitment to providing a robust and responsive support system.
For any further queries or assistance, members are encouraged to reach out to the Members & Students Services (Grievances Handling and e-Sahaayataa) Directorate.
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Members & Students Services (Grievances Handling and e-Sahaayataa) Directorate
The Institute of Chartered Accountants of India
30th September, 2023
Important Announcement
Extension of last date for payment of Membership /COP fee for the year 2023-24 to 31st October, 2023.
The Council of ICAI has decided to extend the last date for payment of Membership/ COP fee for the year 2023-24 from 30th September, 2023 to 31st October, 2023 on account of hardship faced by the Members in submission of “Know Your Member” (KYM) Form and payment of Annual Membership/COP fee due to technical issues in SSP.
Members, who have not paid their fee, are requested to submit KYM form and pay the annual Membership/COP fee.
Dinesh Kr. Mishra
Secretary, M&SS Directorate
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(Republished with amendments)
I want to apply for COP. Where can I get the form online and link for payment