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No. 12/27/2008-PI
GOVERNMENT OF INDIA
MINISTRY OF CORPORATE AFFAIRS
The Ministry of Overseas Indian Affairs vide notification dated 6th January, 2009 announced certain benefits for registered Overseas Citizens of India (OCIs), including in the profession of Chartered Accountants. Subsequently, the Institute of Chartered Accountants of India (ICAI) has proposed a Qualification Bridging Mechanism for licensing OCI Chartered Accountants to practice in India.
2. The Ministry of Corporate Affairs invites the suggestions of all the stakeholders on the enclosed proposed Mechanism by 10th August, 2012 through email on the following e-mail addresses:-
vinod kumar1@mca.gov.in or
rita.dogra@mca.gov.in.
Proposed Qualification Bridging Mechanism for Licensing Overseas Citizens of India holding Certificate of Practice as Chartered Accountants (henceforth OCI Scheme):
1) OCI CHARTERED ACCOUNTANTS
Subject to Central Government approval for making necessary provisions, ICAI proposes to open up practice rights to OCIs Chartered Accountants applicants as per the announcement made by Hon’ble Prime Minister at the Pravasi Bharthiya Divas in January 2008 subject to the specialized devised following mechanism:-
For more details check the attached file
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