| Stung by the missive from the All India Council for Technical Education (AICTE) to wind up its operations in India, the Chartered Financial Analyst (CFA) Institute has filed a petition in the Delhi High Court seeking a stay on the notice, even as it has decided to give $300 (Rs 12,300) to each of its 7,000 students to write the June 3 examinations outside India. | ||||||||||||||||||||||||||||||
| These locations are Kathmandu, Dhaka, Colombo, Singapore, Thailand, Hong Kong and the United Arab Emirates. | ||||||||||||||||||||||||||||||
“This
move will help those candidates who initially thought of opting out of
the examinations if they are not held in India,” said S V Balachander,
CFA institute’s India consultant.
| ||||||||||||||||||||||||||||||
| However, students will still have to bear the expenses of boarding and lodging and obtaining a visa. | ||||||||||||||||||||||||||||||
| Students who clear the CFA examinations are mostly employed as financial analysts by investment banks and broking houses. This year, more students from India will write the examinations than from either the UK or Canada. | ||||||||||||||||||||||||||||||
| On a complaint filed by the Hyderabad-based Institute of Chartered Financial Analysts of India, the AICTE had asked the CFA institute to stop its operations in India, as it had not taken the council’s clearance. | ||||||||||||||||||||||||||||||
| The matter will come up for hearing in the court today. | ||||||||||||||||||||||||||||||
CFA Institute moves Delhi HC
News posted by
CCI News Desk
Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.
Recent News :
- Tax Audit Deadline 2026: Professional Bodies Seek Extension to 31st October
- GSTN Announces emSigner 3.3 for New DSC USB Tokens Issued From 21st September 2026
- UPI 0.4% MDR Above Rs 2000: Grocery Shop Sign Sparks Fresh Debate
- India's STT Collections Rise 52.9% to Rs 40,214 Crore by 17th Sept 2026
- India to Monitor UPI MDR Charges to Protect Consumers from Extra Costs
- Central GST Superintendent Arrested in Bengaluru Over Alleged Rs 8 Lakh Bribe
- CBDT Revises Form 169 and Form 171 Under Income Tax Rules 2026
- Supreme Court PIL Challenges New UPI Merchant Charges Above Rs 2000
- MTPA Seeks Tax Audit Deadline Extension: TAR by 31st Oct, ITR by 30th Nov 2026
- AIMTPA Seeks Tax Audit & ITR Due Date Extension for AY 2026-27
Popular News
- AIMTPA Seeks Tax Audit & ITR Due Date Extension for AY 2026-27
- MTPA Seeks Tax Audit Deadline Extension: TAR by 31st Oct, ITR by 30th Nov 2026
- Income from Other Sources Under Income Tax Act 2025: Key Rules, Taxable Incomes and Deductions
- Tax Audit Deadline 2026: Professional Bodies Seek Extension to 31st October
- CBDT Notifies SFT Rules for Depository Transactions Under Income Tax Act 2025
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
