The Institute of Chartered Accountants of India (ICAI) with the support of J&K branch of Northern India Regional Council (NIRC) of ICAI & Srinagar Representative Office recently signed a Memorandum of Understanding (MoU) with Directorate of School Education, Kashmir (DSEK), Government of Jammu & Kashmir for promoting Commerce Education amongst Government and Government aided Secondary and Higher / Senior Secondary school students.
This MoU has been signed for a period of 5 years during the Outreach meeting held with Principals of Kashmir valley. The prime objective of this MoU is to bring out the true potential of students belonging to Kashmir valley. The commerce education plays an utmost important role in the inclusive growth of industry and the whole economy. With Kashmir having a rich pool of talent, the young students need to be nurtured in the proper way so that the young generation of today shall be able to contribute to the nation and society through its knowledge & skills.
To provide handholding, the Institute has waived of 75 % of the course fee for all levels of CA course for students from the Union Territories of Jammu & Kashmir, Ladakh & for North-Eastern States.
The Institute of Chartered Accountants of India (ICAI) is a statutory body established by an Act of Parliament, viz. The Chartered Accountants Act, 1949 (Act No.XXXVIII of 1949) for regulating the profession of Chartered Accountancy in the country. The Institute, functions under the administrative control of the Ministry of Corporate Affairs, Government of India. The ICAI is the second largest professional body of Chartered Accountants in the world, with a strong tradition of service to the Indian economy in public interest.
A partner in Nation building, ICAI works closely with the Indian Government on various matters to ease out challenges and build a conducive growth ecosystem. It had launched a FINANCIAL AND TAX LITERACY DRIVE – “Vitiya Gyan – ICAI Ka Abhiyaan”, in various Indian languages, to educate people on the basics of tax laws, accounting and various aspects of the financial system and the ways to manage personal financial well-being and tax compliances.
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