07/08/2020 Training Module

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Exemption Criteria
Previous regulation / Training
Criteria structure (Valid upto 2nd CS amended Regulation 2020/ New Training structure
February 2021)

Rs 10,000/- (long term training

Fee Rs 20,000/- (21 Month long term training and 1 month EDP)
exemption)

Modified training structure -

2 year at executive level and 3 3 year at executive level and 4 year Assistant level in
Experience
year at Assistant Level in secretarial department
Secretarial department

2 year at Executive level or 3

3 year at Executive level or 4 year of experience at assistant
year of experience at assistant
level under PCS /PCS firm
level under PCS

Two years’ experience of

continuous practice on a whole- Five years’ post qualification work experience of continuous
time basis as a Chartered practice on a whole-time basis as a Chartered Accountant or
Accountant or Cost Accountant Cost Accountant or Practising Lawyer
or Practising Lawyer

Under Modified training

structure – student working in
secretarial department can only
apply for exemption as
mentioned above Under old training structure - 3 year at executive and 4
Under old training structure- 3 year at assistant level in any area administration, accounts,
year at executive and 4 year at finance, personnel or legal department
assistant level in any area
administration, accounts,
finance, personnel or legal
department

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07/08/2020 Training Module

Previous regulation / Training

Criteria structure (Valid upto 2nd CS amended Regulation 2020/ New Training structure
February 2021)

Under Modified - 3 year

experience in secretarial
Five year’s of experience at executive or Six years’
department in any LLP
experience as assistant in Secretarial Department in any LLP
Under old - 3 year experience
in any area under LLP

Five year post qualification experience as a regular

faculty/Teacher in any university or college affiliated to any
university recognized by UGC/AICTE/Affiliated with
NA
recognized University, having taught at least one subject in
the discipline of Law, Management or Finance &
Accountancy, Corporate Governance

Under Modified - Paid-up

share capital & Reserves not
less than Rupees Fifty lakhs or
any organization having gross
fixed assets of not less than
Paid up Fifty Lacs or gross fixed assets of not less than rupees Two
rupees one crore
capital crore or Turnover not less than Rupees Ten Crore
Under Old structure - Paid up
capital and reserves not less
than 25 lacs any organization
having gross fixed assets of not
less than rupees fifty lacs

Eariler/Modified

New Regulation 2020

Apply for Exemption

Generate Exemption Letter

Edit

Pay In Case Not Paid

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07/08/2020 Training Module

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