Quick Summary
The ICAI in its announcement for members dated 23/03/2020 announced that the Institute has made a representation for extension of statutory due dates to avoid any inconvenience caused to its members due to COVID-19 outbreak. Here is what the announcement read, In view of the prevailing circumstances
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FAQ :
The ICAI has made a representation to the Ministry of Finance, Reserve Bank of India (RBI), and other regulators to extend statutory due dates and has also cancelled physical events until April 15, 2020.
The ICAI is requesting an extension to avoid inconvenience and hardship for its members caused by the COVID-19 outbreak and its impact.
The ICAI has launched a Digital Learning Hub for online training and has directed its employees to work from home until March 31, 2020.
The ICAI has contacted the Ministry of Finance, Reserve Bank of India (RBI), and other regulators.
The ICAI urges its members to promote work from home for themselves, colleagues, and students to ensure safety and to follow advisories from government and local authorities.
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