ICAI Membership Fees Payment: Check the extended due date to pay online!

ICAI Membership Fees Payment date was extended till 31st October 2023. The Institute of Chartered Accountants of India (ICAI) has updated the guidelines for the ICAI Membership Fees Payment which includes 18% GST. Visit the official website of www.icai.org or eservices.icai.org.

ICAI Membership Fees Payment

The Institute of Chartered Accountants of India (ICAI) has extended the last date of due payment submission from 30 September 2023 to 31st October 2023. The yearly ICAI membership Fees Payment dues should be paid by 31st October 2023 and the CA Members are requested to pay the annual membership/certificate of practice fees for the fiscal year 2023–2024 before the last date. A tax invoice created in compliance with GST requirements has already been prepared and members who have not paid the fee can visit the official or self portal to pay the ICAI Membership Fees Payment online.

ICAI Payment of Membership

In order to avoid having their name or COP deleted from the list of members due to future price revisions, the ICAI offers the opportunity to pay the Membership/ COP charge in advance for 10 years together with GST as a final payment.

Membership ICAI Membership
Institute Institute of Chartered Accountants of India (ICAI)
GST 18%
Due payment last date 31st October 2023
Official Website https://www.icai.org/ or eservices.icai.org

 Additionally, Members should be aware that if the advance fees have already been paid, the remaining payments or the difference in the fees are now due and payable for the current fiscal year. In other words, payment of the remaining balance or difference in fees is required in order to renew your membership or certificate of practice, as applicable.

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ICAI Membership Fees Payment

ICAI Membership Fees Payment

Additionally, members have the choice to pay in full for a 10-year (1+9 years) period of participation or a Certificate of Practice (COP) at the going cost, GST included. Any further increases in the charge won’t result in a deletion or deletion of their Membership/COP from the Register of Members/COP under such a deal.

Please be aware that if an Associate Chartered Accountant (ACA) decides to upgrade to the FCA status after prepaying for a period of up to 10 years, they will be responsible for paying the difference in fees (the fee difference when converting from ACA to FCA and the Fellow Member Admission Fee) for the remaining time.

Category Associate Fellow
Member holding COP 5310 8260
Member not holding COP
Age below 60 1770 3540
Age above 60 1298 2714

ICAI Membership Validity

If a chartered accountant pays a membership fee to the ICAI (Institute of Chartered Accountants of India), they are eligible to practice as a CA independently with a firm. The ICAI has established and standardized a CA membership price. The ICAI membership has a 12-month expiration date, and members are required to renew their membership at that time. Students who want to become chartered accountants must apply for CA membership, take the required level exams, and pass them with a minimum passing grade.

Steps to pay ICAI Membership 2023 Fee:

  • Visit the official website portal eservices.icai.org.
  • Login with your user name and id at the portal.
  • Check all the details and enter the required information.
  • Click on pay now option and pay the fee amount.

CA Membership Guidelines

The qualifying requirements for CA membership are similar to those for any other course or certification. Among the most popular eligibility requirements are:

  • First and foremost, applicants must have passed their 10+2 board examinations in the accounting or business field with a combined total of at least 50%.
  • Candidates must first pass the CPT test and then pass the IPCC exam or the second-level examinations.
  • Students may take the CA final exam after passing the IPCC tests. Students who pass the CA final test are qualified to apply for membership.
  • Applicants must pay their ICAI membership dues before the deadline since after that, ICAI will not extend the license’s grace period.

CA Membership Due Date

The fee structure established by the ICAI in the form of CA Membership Fees is available above and candidates can pay the fee online. It is also important to follow the rules and guidelines for the payment. The ICAI extended the date of fee payment on 1 April 2023 and updated the date for clear the due payment is 31 October 2023.

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