Don't be panic

CA Rahul Sharma (Asisstant Manager Finance)   (697 Points)

23 July 2013  

Don't be panic from the misunderstandings and rumours about ICAI increasing the passing criteria...

Its just misleading interpretaion...

ICAI has itself clarified the same with announcment dated 23.07.2013....

 
 
 
 
 
“ICAI Bhawan”, Post Box No.7112 Telephones: +91-120-3054815
Indraprastha Marg, New Delhi-110 002, India Fax:+91-120-3054838/3054841
E-Mail: somasekhar @ icai.in
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
[Set up by an Act of Parliament]
Important Announcement
July 23, 2013
It has been brought to our notice that the Notification No. 13-CA
(EXAM)/N//2013 dated 5th July, 2013 (hosted on the Institute’s website on 5th
July, 2013) relating to the date schedule, list of centres, examination timings,
etc of November, 2013 examinations is being presented in a distorted manner
by interpolating the following clause in social media and other fora to create
panic amongst the students of the Institute:
“Passing Criteria
Passing criteria at all level of the CA examination i.e. CPT, IPC and
Final has been changed to 55% marks in aggregate and 45% for
individual subjects w.e.f. May, 2015 Examinations.”
It is clarified for wider information of the students and other
stakeholders as also the public at large that there is no change in the passing
requirements nor is the Institute contemplating to effect any changes in the
passing requirements.
In other words, the existing passing requirements, i.e., securing at one
sitting a minimum of 40% marks in each paper and minimum of 50% marks
in the aggregate of the papers comprised in a group in respect of
Intermediate (IPC) and Final examinations remain unchanged, while the
passing requirements for CPT remain the same i.e. securing at one sitting a
minimum of 30% marks in each section and minimum of 50% marks in the
aggregate of all sections comprised in CPT examination.
It is our fervent appeal to the students, other stakeholders and the
public at large not to pay any heed to such unscrupulous emails/messages
being circulated in public domain.
For regular updates, kindly keep visiting www.icai.org .
(G. Somasekhar)
Addl. Secretary (Exams)