RECENTLY ICAI HAS ISSUED NOTIFICATION TO GOVT. OF INDIA REGARDING GETTING EXEMPTION FOR GRADUATES WITH 55% MARKS BE EXEMPTED FROM CPT. THE SAME IS PENDING WITH GOVT OF INDIA FOR FINAL APPROVAL. ONCE IT IS APPROVED BY GOI, IT WILL COME INTO FORCE, IT IS EXPECTED TO BE RELEASED DURING JUNE / JULY, 2012 MOSTLY.
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