Preliminary Expression of Interest for the Welfare Schemes for the Members of ICAI



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The Institute of Chartered Accountants of India (ICAI) is looking to expand its welfare schemes for its 3.15 lakh members. The Committee for Members in Practice (CMP) is inviting expressions of interest from service providers who can offer schemes in areas such as travel, hospitality, health, and laptops at discounted rates. This initiative aims to provide members with enhanced benefits and support their professional growth.

CMP, ICAI wishes to extend better/more/additional welfare schemes to the members of ICAI at discounted rates and hence, are seeking expression of interest from services providers delivering schemes in numerous areas like Travel, Hospitality, Health, Laptops etc. Read the official announcement below:

ANNOUNCEMENT

Preliminary Expression of Interest for the Welfare Schemes for the Members of ICAI

As you are aware, The Institute of Chartered Accountants of India (ICAI) is a statutory body established in 1949 by an Act of Parliament viz., The Chartered Accountants Act, 1949 for regulating the profession of Chartered Accountants in the Country. The ICAI is also an affiliate-member in various International Bodies representing the Global Accountancy Profession. The Institute is in constant pro-active interaction with various Ministries and Regulatory Bodies such as C&AG, SEBI, Reserve Bank of India, Ministry of Finance and Ministry of Corporate Affairs, etc. on matters relating to the Government’s Fiscal, Economic, Corporate and other allied policies.

The ICAI has around 3.15 lakh members and around 90,000 firms specialising in traditional areas of audit, direct, indirect & international taxes including GST and in emergent areas like insolvency, financial services, risk management and corporate re-structuring etc. Many of our members are serving the industry occupying senior positions such as C&MDs in Banks/Financial Institutions, CEOs and CFOs in leading and reputed public/private sector companies.

The Committee for Members in Practice (CMP) of the Institute of Chartered Accountants of India is a non-standing Committee formed under regulatory provisions of Chartered Accountants Act, 1949. This Committee was established for facilitating consolidation and capacity building of CA firms in order to address various problems faced by CA firms and to conceptualize and implement various means for strengthening their capacity as well as providing comprehensive guidelines for consolidation of CA firms. It aims to encourage and enhance close links between the Institute and the Chartered Accountants, so as to provide them, a base of reference in terms of knowledge, expertise, skills and assistance in their professional growth.

One of the key initiatives of activities the Committee is to extend various welfare measures to the members through arrangements with leading service providers which the members may avail at their choice. The existing welfare benefits/services for the members are as follows:-

ICAI Seeks Service Providers for Member Welfare Schemes

Services for the Members

Software

Insurance

Financial

Tally Software Solutions

LIC Term Insurance

Credit Card Facility

Papilio Software for the Practitioners

Personal Accident Insurance

Loan Facility

Practice Management Software

House Holders Insurance

Antivirus Protection Facility

Medical Insurance

Integrated GRC Product Suit Software

Motel Vehicle Insurance

Professional Indemnity Insurance

We wish to extend better/more/additional welfare schemes to the members of ICAI at discounted rates. Thus, we seek expression of interest from the various service providers delivering the schemes in the following areas of professional interest:

  • Travel
  • Hospitality
  • Health
  • Medical Insurance
  • Term Insurance
  • Laptops/Desktops
  • Softwares & other products of professional relevance

We will request the service providers to send their expression of interest at cmp@icai.in

CA (Dr) Sanjeev Kumar Singhal,

Chairman, CMP

CA. Prasanna Kumar D

Vice Chairman, CMP

FAQ :

ICAI is seeking expressions of interest from service providers to offer new and enhanced welfare schemes to its members at discounted rates.

ICAI is interested in services related to Travel, Hospitality, Health, Medical Insurance, Term Insurance, Laptops/Desktops, and Softwares & other products of professional relevance.

This initiative is being organised by the Committee for Members in Practice (CMP) of the Institute of Chartered Accountants of India (ICAI).

ICAI has approximately 3.15 lakh members.

Service providers interested in offering schemes should send their expression of interest to cmp@icai.in.




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