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Is it mandatory to take ICAI membership?

As per the provisions of section 24 of the Chartered Accountant Act, you would have to complete all your chartered accountant examination to become a member of Institute of Chartered Accountant of India.

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Is annual return mandatory?

No, annual return is not mandatory. However, if you are investing in a company or mutual fund, annual return is one metric that you may want to consider. Annual return is the percentage of your investment that you earn back each year. For example, if you invest $1,000 in a company with a 10% annual return, you will earn $100 back each year.

Unless requested by shareholders or auditors, annual general meetings for companies with total assets less than $500,000 do not need to be held. AllTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkia

How long does it take to get ICAI membership?

It takes a minimum of 3 years to get ICAI membership. Correspondingly, who can apply for icai membership? The Institute of Chartered Accountants of India (ICAI) is a professional body of accountants in India. ICAI is the second largest professional body of accountants in the world in terms of membership. ICAI is the regulatory body for the profession of Chartered Accountants in India.
ICAI membership is open to Indian citizens who have completed the prescribed education and training requirements and have passed the ICAI examinations. ICAI membership is also open to foreign nationals who are qualified Chartered Accountants from their respective countries.

By Ajani Bonnes

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