
CA Exams to be held between May 16-24
The Institute of Chartered Accountants of India (ICAI) informed Saturday (May 10, 2025) that the remainder of the final and intermediate level examinations to qualify as a chartered accountant (CA) would be conducted between May 16 and 24. Exams of the Post Qualification Course (International Taxation –Assessment Test), or the INTT AT, would also follow the same schedule.
The apex body regulating chartered accountancy in the country also clarified that exams of the foundational level would be held as per schedule between May 15 and 21.
The final and intermediate exams were earlier to be held between May 9 and 14. ICAI on Thursday (May 8, 2025) announced postponing them owing to the 'tense and security situation in the country'. As with the latest development, it elaborated that the revised schedule took note of the 'favourable developments in the security situations in the country'. It informed that there shall be no change in the examination centres and timings. Furthermore, the existing admit cards would continue being valid.
According to data shared by ICAI on Friday, 1.58 lakh students are to appear in the final and intermediate exams this May.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
19 hours ago
- Time of India
India will need 50L new CAs by 2050, says ICAI president
Vadodara: By 2050, India will require 50 lakh new chartered accountants (CAs) to support its rapidly expanding economy, said Charanjot Singh Nanda, president of the Institute of Chartered Accountants of India (ICAI), on Friday. Nanda was speaking at the inaugural session of a two-day national conference titled 'Veda Excellence', hosted by the Vadodara branch of ICAI's Western India Regional Council in collaboration with the Anand and Bharuch branches. "Currently, India has around 4.85 lakh registered CAs. With economic growth, the demand for qualified professionals will increase significantly," Nanda said. Highlighting ICAI's digital initiatives, he said the institute has provided students free access to ChatGPT and launched CA-GPT, an AI-powered tool that sources answers exclusively from ICAI's internal resources. "This tool has been widely appreciated for aiding professionals in areas like accounting, auditing, and taxation," he noted. Responding to the move by company secretary and cost accountant bodies seeking inclusion of their members in the definition of 'accountants', Nanda maintained that tax and other audits should remain the domain of CAs, as they are best equipped and trained for these responsibilities. Nanda also announced the launch of a certificate course on artificial intelligence — AI for CAs (Level 1) — aimed at helping professionals adapt to emerging technologies. The second level of the course will be launched soon, he added. The two-day conference in Vadodara will cover eight sessions, including those on technical and non-technical topics like direct and indirect taxes, capital market, and even work-life balance. Around 650 participants from across the country are participating in the conference. Vadodara: By 2050, India will require 50 lakh new chartered accountants (CAs) to support its rapidly expanding economy, said Charanjot Singh Nanda, president of the Institute of Chartered Accountants of India (ICAI), on Friday. Nanda was speaking at the inaugural session of a two-day national conference titled 'Veda Excellence', hosted by the Vadodara branch of ICAI's Western India Regional Council in collaboration with the Anand and Bharuch branches. "Currently, India has around 4.85 lakh registered CAs. With economic growth, the demand for qualified professionals will increase significantly," Nanda said. Highlighting ICAI's digital initiatives, he said the institute has provided students free access to ChatGPT and launched CA-GPT, an AI-powered tool that sources answers exclusively from ICAI's internal resources. "This tool has been widely appreciated for aiding professionals in areas like accounting, auditing, and taxation," he noted. Responding to the move by company secretary and cost accountant bodies seeking inclusion of their members in the definition of 'accountants', Nanda maintained that tax and other audits should remain the domain of CAs, as they are best equipped and trained for these responsibilities. Nanda also announced the launch of a certificate course on artificial intelligence — AI for CAs (Level 1) — aimed at helping professionals adapt to emerging technologies. The second level of the course will be launched soon, he added. The two-day conference in Vadodara will cover eight sessions, including those on technical and non-technical topics like direct and indirect taxes, capital market, and even work-life balance. Around 650 participants from across the country are participating in the conference. Get the latest lifestyle updates on Times of India, along with Eid wishes , messages , and quotes !


Mint
5 days ago
- Mint
India must streamline rules for the institutional trustee industry
India's wealth management ecosystem is undergoing rapid transformation, with institutional trustees playing a pivotal role in safeguarding assets, enabling succession, and ensuring fiduciary compliance. Yet, the regulatory framework governing institutional trustees remains fragmented and outdated, exposing the system to significant risks. As the volume of wealth under institutional trusteeship soars—estimated in the range of tens of thousands of crores—there is a pressing need to establish robust, uniform regulations to protect all stakeholders and foster sustainable industry growth. Also Read: How PPFAS is trying to change wealth management with simple advice Institutional trustee services in the country are primarily governed by two main statutes: (i) The Indian Trusts Act, 1882, which provides the foundation for the creation, administration, and duties of trustees in private trusts; and (ii) SEBI (Debenture Trustee) Regulations, 1993, administered by the markets regulator, specifically governing debenture trustees. Despite these frameworks, there is no comprehensive, unified regulation or certification regime for all institutional trustees, especially those operating outside the debenture and securities space. This regulatory gap exposes the industry to inconsistencies and serious risks. Why institutionalization is the need of the hour Enhanced professional standards and accountability: Institutionalising the industry would introduce mandatory certification, training, and ongoing education, similar to how chartered accountants (CAs) are regulated by the Institute of Chartered Accountants of India (ICAI). CAs must pass rigorous exams, adhere to a code of ethics, and undergo regular peer reviews, ensuring high professional standards and accountability. This structure has led to greater public trust and fewer instances of malpractice in the accounting profession. Improved transparency and investor protection: A regulated institutional trustee industry would require robust disclosure norms, regular audits, and transparent reporting, reducing the risk of fraud, mismanagement, or conflicts of interest. As seen in the CA profession, regulatory oversight deters unethical behaviour and builds investor confidence. Uniformity in practices and reduced legal ambiguity: Currently, the lack of standardization leads to varying practices and legal uncertainties, particularly in private trusts and family offices. Regulation would harmonize procedures, documentation, and dispute resolution mechanisms, reducing litigation and confusion. Better risk management and systemic stability: With thousands of crores of wealth under trusteeship, unregulated practices pose systemic risks to the wealth management and financial services sectors. Regulation would enforce risk management protocols, capital adequacy norms, and contingency planning, safeguarding both beneficiaries and the broader economy. Also Read: Can this mid-cap company take the lead in the exploding $1.2 trillion wealth management business? Facilitated market growth and global competitiveness: A regulated and institutionalized trustee industry would attract more domestic and international capital, as investors prefer jurisdictions with clear rules and protections. This would enable Indian trustees to compete globally and foster innovation in trust structures and estate planning. International precedents: Lessons from abroad UK: The UK's trust industry is regulated by the Financial Conduct Authority (FCA), which mandates licensing, compliance, and anti-money laundering checks. This has resulted in a transparent, reliable, and globally respected trustee sector. Singapore: The Monetary Authority of Singapore (MAS) regulates trust companies, ensuring high standards of governance and investor protection. This has made Singapore a preferred hub for wealth management and family offices. US: Trust companies are state-licensed and subject to regular audits and capital requirements, ensuring safety and soundness for beneficiaries. In all these jurisdictions, regulation and oversight has benefited all stakeholders—trustees, beneficiaries, and the financial system—by reducing fraud, enhancing professionalism, and boosting investor confidence Risks of delayed action in India If India does not move swiftly to institutionalize and regulate its institutional trustee industry, the following risks loom large: Increased incidents of fraud and mismanagement: Without oversight, unscrupulous operators can exploit loopholes, leading to financial losses for beneficiaries and reputational damage to the industry. Legal and operational risks: Ambiguities in trustee duties and the lack of oversight can result in costly legal disputes, delays, and reputational damage. Loss of investor confidence: High-profile scandals or disputes could deter both domestic and foreign investors from using Indian trustee services. Regulatory arbitrage: Inconsistent rules could lead to regulatory arbitrage, where entities exploit gaps between different legal frameworks, undermining the integrity of the financial system. Systemic risk: The sheer quantum of wealth under trusteeship—estimated to be in the range of several lakh crores—means that failures could have ripple effects across the financial sector. Competitive disadvantage internationally: India may lose out on attracting global capital and trust business if it does not adopt internationally recognised governance standards. Also Read: Mastering wealth management: The role of psychology in decision making and financial success The institutional trustee industry in India stands at a crossroads. While there are a handful of institutional trustees currently operating per global best practices, several are not. To protect the vast wealth under their stewardship and to foster a robust, transparent, and globally competitive wealth management ecosystem, there is an urgent need to institutionalize and regulate trusteeship. Establishing a certification or regulatory body would professionalize the sector, protect stakeholders, and unlock long-term benefits for trustees, mirroring successful international models and established Indian professional bodies. Tanmay Patnaik is partner-private client practice at Trilegal.


India Today
6 days ago
- India Today
ICAI releases CA September 2025 exam dates for Foundation, Inter, Final
The Institute of Chartered Accountants of India (ICAI) has announced the exam timetable for the CA September 2025 session. The schedule includes the dates for CA Foundation, Intermediate (Inter), and Final to the official notice, the Group 1 exams for the CA Final course will take place on September 3, 6, and 8, while Group 2 exams are slated for September 10, 12, and 14. The Intermediate Group 1 exams are scheduled for September 4, 7, and 9, followed by Group 2 on September 11, 13, and 15. The CA Foundation exams will be conducted on September 16, 18, 20, and the duration of the papers, Papers 3 and 4 of the Foundation exam will be 2 hours long, while Paper 6 of the Final exam will last for 4 hours. All remaining papers across levels will be 3 hours in duration. There will be no exam on September 5, 2025 (Friday), due to Milad-un-Nabi. ICAI has also clarified that exam dates will remain unchanged even if any of them are declared public holidays by central, state, or local exams will be held across 318 centres in India, with the exception of Arunachal Pradesh, Dadra and Nagar Haveli and Daman and Diu, Ladakh, and Lakshadweep. Additionally, the September session will also be conducted in nine international cities: Abu Dhabi, Bahrain, Thimphu (Bhutan), Doha, Dubai, Kathmandu (Nepal), Kuwait, Muscat, and schedule has been released under Regulation 22 of the Chartered Accountants Regulations, 1988. Candidates can visit the official ICAI website ( for more details and updates.