ICAI has reduced the fees for OC and ITT courses for Foundation and Direct Entry Students undergoing online classes.
The Institute Charted Accountant of India made an announcement. Presently, the competent authority has decided that the students of Foundation and Direct Entry, as a one-time measure, can undergo OC & ITT Course through Virtual Mode. Due to the ongoing pandemic and suspension of IT and soft skills classes all around the country, the authority took the decision.
ICAI fees implementation
Reduction in Fees of OC & ITT Course as a one-time criterion (due to COVID-19) from Rs. 7000/- to Rs. 5000/- and from Rs. 6500 to Rs. 4500/- respectively. Students who will register and undergo the course virtually.
Authority will provide a refund of 2000 to the students who paid the fees and whose batch does not start in a physical model.
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Gradually, the eligible refunds will be done on or before 45 days after the announcement.