Paras Institute of Commerce


General Elections 2024: ICAI- The Institute of Chartered Accountants of India has notified that the CA exams scheduled for May 2024 can be postponed if the dates of the exams coincide with general elections. 

According to the official notification by ICAI, “It is pertinent to mention that general election to 18th Lok Sabha is scheduled to be held in 2024, notification for which is awaited. Accordingly, the examination committee may reschedule the May 2024 CA examination, if the dates of the general election coincide with the present examination schedule.”

As per the official ICAI May 2024 exam calendar,

The CA Foundation course exams are scheduled for June 20, 22, 24, and 26.

The Intermediate Group 1 exams are scheduled for May 3, 5, and 7,

CA Inter Group 2 exams are scheduled for May 9, 11, and 13.

The CA Final exams are scheduled to be held on May 2, 4, and 6 for Group 1, and on May 8, 10, and 12 for Group 2.

The registration window for the CA May 2024 exams without late fees closed on February 23, 2024.

CA May exams 2024

Aspirants who failed to apply for the CA  May 2024 exams before the deadline will be able to register by paying a late fee of Rs 600 or 10 US dollars. All registered candidates will be allowed to make changes in the submitted form from March 3 to 9.

Official Link to Fill out the CA May 2024 exam:

Introduction of Cooling-Off Period and Observer Eligibility Criteria: I

The ICAI has proposed a Cooling-Off Period where cool-off will be given to one attempt after three consecutive attempts for individuals involved in observership duties.

Eligibility criteria for empanelment: Members who fulfill the following criteria are eligible for empanelment, to act as Observers.

  1. He/she should not be more than 65 years of age as on the date of empanelment, i.e.15 th February, 2024.
  2. ii) His/her name should have been borne on the Register of Members as on 1 st November 2021 and continues to be so;
  3. iii) Neither he/she nor his/her relatives* or dependant* is / will be appearing in the ensuing Chartered Accountants Examinations for students / Post – Qualification Course Examinations in MAY/JUNE 2024 in any examination centers in India or Abroad.
  4.  He/she is not coaching students for any of the examinations/tests conducted by the Council of the Institute in any institutions/organization including Regional Councils / Branches of the Institute and also private coaching.
  5. He/she has not been convicted by any court of Law and no disciplinary proceedings are pending against him/her, either by the ICAI / Disciplinary Directorate or by any other organization, both in India or abroad.
  6. He/she is not associated with the Institute as an elected/co-opted member of the Council / Regional Council / Managing Committee of any Branch of the ICAI.
  7. He/she shall abide by the Guidelines for Observer and /or any other instructions.
  8. He/she is not a covid patient / or having symptoms of the Covid and will not take any assignment of Observer’s duty if detected on duty dates.

Honorarium for Observer

Candidates shortlisted as observer will be paid honorarium of ₹ 3,000 per day per session. In addition ₹ 350 will be paid as conveyance reimbursement for ‘A’ class cities and ₹ 250 for other cities per day.

How to empanel as an Observer

A member who fulfills the above-mentioned eligibility criteria, desirous of empaneling himself/herself for the assignment, may do so, online at

FAQs Related to CA Intermediate

1. What is CA Intermediate?

CA Intermediate is the second level of the Chartered Accountancy course offered by the Institute of Chartered Accountants of India (ICAI).

2. What are the eligibility criteria for CA Intermediate?

Candidates who have cleared the CA Foundation exam or have equivalent qualifications can register for CA Intermediate.

3. How many groups and papers are there in CA Intermediate?

CA Intermediate has two groups, each consisting of four papers, making a total of eight papers for both groups.

4. Can I register for CA Intermediate directly without completing CA Foundation?

No, completion of CA Foundation is a prerequisite for registering for CA Intermediate.

5. Is there a specific order in which the papers need to be attempted in CA Intermediate?

Candidates can attempt the papers in any order, either group-wise or mix papers from both groups.

FAQs Related to the CA Foundation

1. What is CA Foundation?

The entrance test for the Indian Chartered Accountancy (CA) program is called CA Foundation. The Institute of Chartered Accountants of India (ICAI) is in charge of it.

2. What are the eligibility criteria for CA Foundation?

Applying to CA Foundation is open to students who have passed the 10+2 (Intermediate) test or its equivalent from a recognized board.

3. How to register for CA Foundation ?

To register, visit the ICAI website, fill out the online registration form, and submit the required documents. After successful registration, candidates can prepare for the exam.

4. What is the exam pattern for CA Foundation?

CA Foundation comprises four papers: Paper 1 – Principles and Practice of Accounting, Paper 2 – Business Laws and Business Correspondence, Paper 3 – Business Mathematics and Logical Reasoning & Statistics, and Paper 4 – Business Economics and Business and Commercial Knowledge.

5. Is there negative marking in CA Foundation exams?

Yes, there is a negative marking system for Papers 1, 2, 3, and 4. For each incorrect answer, 0.25 marks are deducted.

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