Is there any discount on the CA Foundation Exam fee for differently-abled candidates?

Yes, there is a discount on the CA Foundation Exam fee for differently-abled candidates. The Institute of Chartered Accountants of India (ICAI) recognizes the need to support and encourage differently-abled individuals to pursue a career in chartered accountancy. Therefore, they offer certain concessions in the form of reduced examination fees for such candidates. Here are the details:

Eligibility Criteria:
To avail the discount on the CA Foundation Exam fee, candidates must meet the following eligibility criteria:

1. Differently-abled: The candidate should have at least 40% permanent physical disability or mental disability, certified by a medical board constituted by the Central or State Government.

2. Indian National: The candidate should be an Indian citizen.

3. Age Limit: There is no specific age limit for differently-abled candidates to appear for the CA Foundation Exam.

Discount on Exam Fee:
Differently-abled candidates are eligible for a 50% discount on the exam fee for the CA Foundation Exam. The regular examination fee for CA Foundation is INR 1,500 (for Indian centers). However, candidates with disabilities are only required to pay INR 750.

Procedure to Avail the Discount:
To avail the discount on the exam fee, differently-abled candidates need to follow these steps:

1. Fill the Application Form: Candidates should fill the CA Foundation Exam application form, available on the ICAI website or at the designated branches of ICAI.

2. Attach Disability Certificate: Along with the application form, candidates must attach a certified copy of their disability certificate issued by the medical board.

3. Pay Reduced Fee: Candidates should pay the reduced examination fee of INR 750 instead of the regular fee.

4. Submit the Application: Submit the duly filled application form along with the required documents to the concerned regional office or branch of ICAI.

It is important to note that the discount is only applicable to the examination fee and not to any other charges or fees associated with the CA Foundation course or registration.

Conclusion:
The ICAI offers a 50% discount on the CA Foundation Exam fee for differently-abled candidates who meet the eligibility criteria. This concession aims to support and encourage differently-abled individuals to pursue a career in chartered accountancy. By providing financial assistance, the ICAI ensures that all aspiring candidates have equal opportunities to excel in the field of accounting.