Friends, as we know this CPT exemption rule was first announced by our previous president CA G. Ramaswamy in July 2011, was pending from a year is now approved by the government. visit: Details Of CA CPT Exemption Rule for Graduates.
So here is the details for Graduates IPCC Direct Entry Registration Form, Procedure, scheme.
IPCC Direct Entry Scheme
All the official updates of ICAI for IPCC direct entry scheme for graduates are given below. Read it carefully.
Eligibility Requirements, Provisional Registration & Transition Provisions for Fresh & Existing Students:
(A) Graduate or post graduate in commerce having secured in aggregate a minimum of fifty-five per cent. of the total marks or its equivalent grade in the examination conducted by any recognised University (including Open University) by studying any three papers of 100 marks each out of Accounting, Auditing, Mercantile Laws, Corporate Laws, Economics, Management (including Financial Management), Taxation (including Direct Tax Laws and Indirect Tax Laws), Costing, Business Administration or Management Accounting;
Non-Commerce Graduate or Post graduate having secured in aggregate a minimum of 60% of the total marks or its equivalent grade in the examination conducted by any recognised University (including Open University);
(i) for calculating the percentage of marks, the marks secured in subjects in which a person is required by the University (including Open University) to obtain only pass marks and for which no special credit is given for higher marks, shall be ignored; and
(ii) any fraction of half or more shall be rounded up to the next whole number
(B) Candidates who have passed the Intermediate examination conducted by The Institute of Cost Accountants of India (ICWAI) or The Institute of Company Secretary of India (ICSI).
Students who are pursuing the Final year of Graduation / Post Graduation shall be eligible for provisional registration to the Intermediate Course (IPCC). Such students would be required to submit satisfactory proof of having passed the Graduation /Post Graduation examination with the specified percentage of marks, within such period not exceeding six months as may be decided by the Council, from the date of commencement of the final year graduation examination. During the period of provisional registration, a student can undergo and complete ITT or Computer Training and Orientation Programme. It is clarified that in such a case, the articled training can be commenced only on passing graduation/ post graduation with specified percentage of marks and completion of ITT or Computer Training and Orientation Programme.
If such students fail to produce the proof within the aforesaid period, the provisional registration shall be cancelled and the registration fee or the tuition fee, as the case may be, shall not be refunded and no credit shall be given for the theoretical education undergone.
Transition Provisions: For details, please refer Annexure ‘A’ in below given registration form.
For more details, refer this article: >CPT Exemption Rule For Graduates Approved by Govt.
On 1st August 2012, The Government has approved this rule of CPT exemption for the graduate students.
IPCC Direct Entry Registration Form & Fees
The ICAI has implemented new IPCC direct entry schemes for graduates who are exempted CA CPT exams. They will be able to get direct entry in Intermediate – IPCC Course Under direct entry scheme.
Here is the Application Form of IPCC direct entry scheme registration.
Download Link: http://126.96.36.199/27625bos-directca-form.pdf
Enclosures to be Attached:
1. Demand Draft/ Pay Order.
2. Attested copy of Graduation/ Post Graduation mark sheet or Intermeidate examination pass marks statement of The Institute of Cost Accountants of India / Institute of Company Secretary of India attested by a CA / Gazzeted officer/ College Principal.
3. SSC/10th Standard Certificate as a proof of indicating Date of Birth.
4. For provisional registration, copy of certificate obtained from college as a proof for pursuing final year graduation / post graduation.
5. Attested copy of Certificate of SC/ST/OBC/Differently abled person.
Stay tuned via FB for more latest news on this exemption rule for graduated CA aspirants.
Comment below if you have any query.