The Institute of Chartered Accountants of India (ICAI) has announced revised eligibility criteria for organisations wishing to provide industrial training to CA students. These new rules, effective from January 1, 2026, aim to enhance the quality and structure of practical training. Organisations must now meet specific financial thresholds, such as minimum fixed assets or turnover, and employ at least two full-time Chartered Accountants with three years of membership each.
The Institute of Chartered Accountants of India (ICAI) has revised the eligibility criteria for empanelment of organisations to impart Industrial Training to CA students. The revised norms come into effect from January 1, 2026, according to an announcement issued by the Members Students Services Di
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FAQ :
The revised eligibility criteria for empanelment of organisations to impart Industrial Training will come into effect from January 1, 2026.
Organisations must meet at least one of the following: a minimum of ₹10 crore in fixed assets, a minimum total turnover of ₹50 crore, or a minimum paid-up share capital of ₹1 crore and net worth of ₹5 crore.
An organisation must have a minimum of two full-time working Chartered Accountants, each being a member of ICAI for at least three continuous years.
The period of Industrial Training shall range between 9 months to 12 months.
Empanelment is valid for a period of five years, after which renewal is mandatory, subject to meeting the prevailing eligibility criteria at the time of renewal.
Industrial trainees shall be paid a monthly stipend as mutually agreed, with a minimum of ₹15,000 per month.