ICAI reduces fees for OC and ITT for virtual classes



Quick Summary
The Institute of Chartered Accountants of India (ICAI) has announced a one-time fee reduction for its Orientation Course (OC) and IT Training (ITT) for Foundation and Direct Entry students. This measure is in response to the COVID-19 pandemic and the suspension of physical classes. Students registering for virtual classes will see fees reduced from Rs. 7000 to Rs. 5000 and Rs. 6500 to Rs. 4500 respectively. Additionally, students who paid the original fee but whose physical batches hadn't started will receive a Rs. 2000 refund within 45 days.

Students Skills Enrichment Board
The Institute of Chartered Accountants of India
21st August, 2020

ANNOUNCEMENT

Reduction of fees for OC & ITT Courses for Foundation and Direct Entry students undergoing Virtual classes

 

In view of the ongoing spurt of COVID-19 virus pandemic and subsequent suspension of IT and Soft Skills Classes all across the country, the competent authority has decided that the students of Foundation and Direct Entry, as one time measure, can undergo OC & ITT Course through Virtual Mode and has further decided to implement the following:

  • Reduction in Fees of OC & ITT Course as one time measure (due to COVID-19) from Rs. 7000/- to Rs. 5000/- and from Rs. 6500 to Rs. 4500/- respectively for the students who will register and undergo the course through online mode.
     
  • Refund of Rs. 2000 shall be given to the students who have registered in the portal by paying requisite fees and whose batch was not started in physical mode.
     
  • The eligible refunds will be done on or before 45 days of this announcement.

Chairman
Students Skills Enrichment Board, BOS (Operations)

FAQ :

ICAI has reduced the fees as a one-time measure due to the ongoing COVID-19 pandemic and the subsequent suspension of physical IT and Soft Skills classes across the country.

Foundation and Direct Entry students who register and undergo the OC & ITT courses through the virtual mode are eligible for the reduced fees.

The fees have been reduced from Rs. 7000/- to Rs. 5000/- and from Rs. 6500/- to Rs. 4500/- respectively for students registering for the online mode.

Yes, students who registered and paid the requisite fees but whose batch had not yet started in physical mode will receive a refund of Rs. 2000/-.

Eligible refunds will be processed on or before 45 days from the date of the announcement.




News posted by

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.

Comments :


More »


Popular News





CCI Pro