Annual Membership and Certificate of Practice fee for the year 2010-2011 became due for payment on 1st April 2010. The schedule of fee is as under: –
For Members below age of 65 years
|Associate Membership Fee||600/-|
|Fellow Membership Fee||1800/-|
|Certificate of Practice Fee||1600/-|
For Members above age of 65 years (As on 1st April 2010)
|Associate Membership Fee||450/-|
|Fellow Membership Fee||1300/-|
|Certificate of Practice Fee||1200/-|
Individual circulars have been dispatched to members giving details of scales of fee and also the manner of remittance of the fee. The fee can, therefore, be remitted to the concerned Decentralized Office.
It may be noted that the remittance of fee has to be made by cheque or demand draft in favour of “Secretary, The Institute of Chartered Accountants of India” payable at a place where the concerned decentralized office is located.
Member may kindly note that the scheme for advance amount remittance has been revised by the Executive Committee whereby earlier members could pay an advance fee for a period of 3 years only but now members can remit any amount at their discretion in advance. However the same would be kept as advance in the credit of the member concerned and would be adjusted against membership and/ or COP fee as and when the same becomes due and other dues, if any. (However member may note that in the event of any short fall in advance, due to revision/increase in fee(s), it is the responsibility of the member to remit the balance). For more details in this regard members may refer the Fee Circular sent to them. Members are further requested to return the Entry on Record duly verified by them by 30th April 2010.
Members can also pay membership/COP fees by using the online facility available on the website. For the use of payment gateway, members are requested to log in through “Online Services” link available on home page of the Institute’s website.
Members might be aware that the Chartered Accountants Benevolent Fund has been set up with the object, inter alia, of providing financial assistance to Institute’s members and/or their families in distress. Chartered Accountants can become member of the Chartered Accountants Benevolent Fund either by paying ordinary membership fee of Rs. 500/- annually or become life member thereof by paying one time amount of Rs. 2500/-. The fund has been providing financial assistance to the members and/or the families of the deceased member depending on the number of request received and the fund position. In order to provide assistance to more members and in a substantial manner, augmentation of the Chartered Accountants’ Benevolent Fund is necessary. Towards this direction, members are earnestly requested to contribute their mite while remitting their membership/certificate of practice fee for the year 2010-11. It is hoped that the members of the Institute would respond positively to this noble cause.