Quick Summary
The Institute of Chartered Accountants of India (ICAI) has announced a crucial update for CA Final candidates regarding permanent exemptions in papers. Candidates who secured exemptions in May 2023 and are set to lose them after the November 2024 exam can now opt to make these exemptions permanent. Key Highlights of the Announcement One-Time Opportunity: Candidates can apply for permanent exemption only once, between March 1, 2025, and March 20, 2025, through their SSP dashboard. If not av
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FAQ :
Candidates who secured exemptions in May 2023 and would lose them after the November 2024 exam are eligible to apply for permanent exemptions.
Applications for permanent exemptions can be made between March 1, 2025, and March 20, 2025, through the candidate's SSP dashboard.
No, if a candidate has exemptions in multiple papers within the same group, they must opt for permanent exemption for all papers in that group or let all exemptions in that group lapse. Partial exemptions are not allowed.
Once an exemption is made permanent, candidates must score at least 50% in the remaining papers of that group to pass it.
Yes, candidates with exemptions in Paper 4 or Paper 5 from May 2022 to November 2023 will automatically receive permanent exemption from appearing in Self-Paced Module Set A & B.
No, there is no correction window. Once the deadline passes, no modifications or applications for exemption will be accepted.
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