CA Foundation Fees

CA Foundation Fees

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CA foundation course

Overview

CA Foundation is not only your first gateway to the coveted role of a Chartered Accountant but it also opens up career opportunities across business sectors. The Institute of Chartered Accountants of India (ICAI) conducts the CA Foundation exam nationally for aspiring Chartered Accountants, followed by the Intermediate and Final levels towards the final certification. CA Foundation fees is one of the most common concerns for students looking to pursue this course. This guide will provide you all the information you need regarding the complete CA Foundation fee structure and other fee-related information.   

What is the CA Foundation Fee Structure Like?

The very first fee that an aspiring student needs to pay to enrol themselves to this entry-level program is the CA Foundation registration fees. You can provisionally register for the course right after class 10th by paying the CA Foundation registration fees.

The total CA Foundation Course fee is INR 9,200, which includes the cost of the prospectus and the registration fee. You have the option to subscribe to the ICAI journals by paying the CA Foundation journal membership fees.

Though the registration to CA Foundation is allowed after Class 10, you can write the foundation exam only after appearing in senior secondary (10+2) exams and after a four-month study period. Students eligible to sit for the CA Foundation exams must fill the relevant form and pay the CA Foundation exam fees.

The table below sums up the complete fee structure for CA Foundation registration:

Fee Particulars

Indian Nationals (INR)

Foreign Students (USD)

Prospectus

200

20

CA Foundation Registration Fee

9000

700

Student’s Journal Subscription for one year (Optional)

200

20

Member’s Journal Subscription for one year (Optional)

400

40

Total

9800

780

Students need to register for the CA Foundation Course on or before the 1st of January and July to attempt the examination in May/June and November/ December, respectively. 

CA Foundation Registration takes place through the centralized self-service portal of ICAI. You will need a valid email ID and mobile phone number to initiate the process. Access the Entry Level Form through the official link https://www.icai.org/post/student-services to register, fill the form, upload the necessary documents and pay the fees.

To encourage students from the Union Territories of Jammu, Kashmir, and Ladakh, and the north-eastern states of India, ICAI has mandated a 75% concession for students from these locations across all levels of CA courses.  

The table below shows the discounted CA Foundation Registration Fees and the fees for other CA levels for students from the above-mentioned regions. 

Source: https://resource.cdn.icai.org/59928bos48822.pdf

The concession applies to students of the specified UTs and states, provided they register between September 20, 2019, and March 31, 2022. Such candidates will have to submit their Domicile certificate and proof of identity to claim the fee concession.

CA Foundation Examination Fees

Students can apply for the CA Foundation exams through the official exam website of ICAI: https://icaiexam.icai.org

 The total CA Foundation exam fees are as below.

Exam Centre

Application Fee

Additional Late Fee

Indian Centres

INR 1500

INR 600

Kathmandu (Nepal) Centre

INR 2200

INR 600

Other Overseas Centres

USD 325

USD 10

You will have to bear the additional bank charges applicable while paying your CA Foundation Examination fees. You can pay the CA Foundation Exam Fees online using a Credit/ Debit/ Rupay Card, Bhim UPI, or Net Banking.

The ICAI gives students a correction window to rectify any error on their CA Foundation exam form. It’s a one-time opportunity and doesn’t involve any fee. After the correction window closes, you can no longer fix the errors in your form. The exam fees, once paid, are not refunded or adjusted by ICAI under any circumstances. So be careful while filling out your CA Foundation exam form.

Other CA Foundation Course Fees

Once you register for the CA Foundation course, you get access to the ICAI study resources. The Board of Studies at the institution also conducts periodic Live Coaching Classes to help clear your doubts, besides making mock test papers available on the website. The fees to access these study material and mock tests and attend the sessions with mentors from ICAI is included in the CA Foundation registration fee, i.e., INR 9200 for domestic candidates and USD 720 for international students. You need not pay anything extra for the same. 

In a recently announced scheme, ICAI has laid out an exemption plan which is applicable only to those students who have lost any of their parents during COVID 19. For such students, ICAI has waived off not only the CA Foundation Course fees but course fees of other levels and courses as well. An exempted student needs to submit a duly attested identity card and death certificate of the deceased parent alongside other required documents. This waiver is applicable from April 1, 2020, to March 31, 2023 (see below).

You can read the full notice here.

ICAI Journal Membership Fees

ICAI publishes several resources concerning emerging industry practices, new policies in the field, reference material for students, and so on. Among these publications are the monthly Student and Member Journals that you can subscribe to by paying an annual fee of INR 200 and INR 400 respectively. The student journal, in particular, is highly resourceful in terms of academic updates, articles on different topics of the CA courses, relevant circulars, and notifications, etc. 

While you can certainly prepare for the CA Foundation course by self-studying, if you’re someone who feels the need for a little more push in the right direction and more guidance, IndigoLearn is here for you. We offer a structured roadmap for you to ace CA Foundation, supported by top teaching faculty consisting of expert educators, student-friendly notes, and regular exam-style assessments. Get in touch with us to know more about our CA Foundation coaching fees.

FAQs

What are the total fees of CA Foundation?

The total fee involved in pursuing CA Foundation is INR 10,700, inclusive of examination fees. If you opt for the monthly Student and Member Journals, the total fee comes to INR 11,300.

What are CA foundation fees?

The CA Foundation Fees is INR 9200 for Indian nationals and USD 720 for foreign students.

What are the exam fees for CA Foundation in May 2022?

The CA Foundation exam fees for May 2022 have not been announced yet. The December 2021 CA Foundation exam fees were INR 1500 for Indian centres, 2200 for centres in Kathmandu, Nepal and USD 325 for all other overseas centres.