ICAI reduces senior member age to 60 years for subsidized annual membership fees

THE INSTITUTE OF CHARTERED ACCOUNTANTS
OF INDIA

NOTIFICATION
New Delhi, the 28th March, 2013
(CHARTERED ACCOUNTANTS)

No. 1-CA (7)1146/2013.—In partial modification of Notifications No. 1-CA (7)/140/2011 and I -CA(7)/141/2011 both dated 25th February, 2011 published in Part III, Section 4 of the Gazette of India, Extraordinary dated 25th February, 2011, the Council of the Institute has decided to reduce the age from 65 years to 60 years for treating a member as Senior Citizen for the purpose of payment of annual membership fee and certificate of practice fee. Accordingly, for the words and figure “age of 65 years” appearing in the proviso of both the aforesaid Notifications, the words and figure “age of 60 years” have been substituted.