NON-ACADEMIC ICAI UPDATE (NOT RELEVANT FOR EXAMS BUT FOR GENERAL AWARENESS)
Please find text of the Announcement – Preliminary Expression of Interest for the Welfare Schemes for the Members of ICAI notification below –
Announcement – Preliminary Expression of Interest for the Welfare Schemes for the Members of ICAI
Committee for Members in Practice The Institute of Chartered Accountants of India
11th March, 2021
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
Committee for Members in Practice
The Institute of Chartered Accountants of India
providers which the members may avail at their choice. The existing welfare benefits/services for the members are as follows:-
Services for the Members
|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 SuitSoftware||Motel Vehicle 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:
- Medical Insurance
- Term Insurance
- Softwares & other products of professional relevance
We will request the service providers to send their expression of interest at [email protected]
|CA (Dr) Sanjeev Kumar Singhal,|
|CA. Prasanna Kumar D|
Vice Chairman, CMP
Official Link of Announcement – Preliminary Expression of Interest for the Welfare Schemes for the Members of ICAI notification can be accessed from below –
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