Revised ICAI Fee for Annual Associate/ Fellow Membership/ COP w.e.f. 1 Apr. 2017

ICAI Increases/ Revises Annual Membership/ COP Fee (2017-18) for Associate/ fellow Members; also increases Fee for Entry/ Name Restoration in the Member’s Register

ICAI has notified the revised/ increased rates of fee for entry of name in the Member’s Register, Annual Membership Fee/ Certificate of Practice (COP) Fee (2017-18) and Member’s Name Restoration Fee, applicable for Associate/ Fellow Members, w.e.f. 1 April 2017, in exercise of the powers conferred u/s 4(3), 5(3), 6(2), 19(4) and 20(3) of the Chartered Accountants Act, 1949 read with R. 5 and 6 of the Chartered Accountants Regulations, 1988, as follows:-

S.N.Particulars of fee payable by ICAI MembersFee payable w.e.f. 1 Apr. 2017 (Rs.)
1Entrance Fee payable under regulation 5
i) as an Associate2,000
ii) as a Fellow2,500
2Annual Membership Fee (2017-18 onwards) payable under Regulation 6(1)*
i) as an Associate Member1,500
ii) as a Fellow Member3,000
3Certificate of Practice fee (2017-18 onwards) payable under Regulation 6(2)
i) as an Associate Member3,000
ii) as a Fellow Member4,000
4Fee for restoration of name in the Register of Members payable under Regulation 6(3)
i) within 3 years of removal1,200
ii) after 3 years of removal but before 5
years
3,000
iii) after 5 years of removal4,000

* Members those who are not holding COP and are having age of 60 years and above as on 1 Apr. 2017 shall pay Annual Membership fee of Rs. 1,100 (Associate Members) and Rs. 2,300 (Fellow Members).

ICAI Notification No.1-CA(7)/179/2017 dt. 9 Feb. 2017

It may be noted that revised fee scales for all Members in practice are the same, i.e. now there is no differentiation of fee based on age for members holding COP, like till 2016-17. However, for those who are not in practice, concessional membership fee is applicable, if he/ she has attained age of 60 years and above as on 1 Apr. 2017.

Membership/ COP Fee (2016-17) for Associate/ Fellow Members of ICAI (upto / above 60 years )

ICAI Fee (2016-17) For Members of Age below 60 years*ICAI Fee (2016-17) For Members of Age 60 years and above*
Particulars(Rs.)Particulars(Rs.)
Associate Without Certificate of Practice800Associate Without Certificate of Practice600
Associate With Certificate of Practice2,800Associate With Certificate of Practice2,100
Fellow Without Certificate of Practice2,200Fellow Without Certificate of Practice1,600
Fellow With Certificate of Practice4,200Fellow With Certificate of Practice3,100

 * as on 1 April, 2016

5 Comments

  1. Megha Nagori Sep 27, 2017
    • Bipin Sep 29, 2017
  2. Pinaki Ranjan Roy Sep 30, 2017
  3. Nitish Oct 1, 2017
    • Jatin Kacha Oct 2, 2017

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