ICAI extends last date to apply for ICAI Doctoral Scholarship Scheme 2021

ICAI - ICAI Doctoral Scholarship Scheme 2021 - Taxscan

The Institute of Chartered Accountants of India (ICAI) extended the last date till December 31, 2021 to apply for the ICAI Doctoral Scholarship Scheme 2021.

The Doctoral scholarship will be awarded to registered Ph.D. Scholars from UGC recognized reputed Indian Universities/ Deemed Universities/ Colleges, IIMs having University/IIMs approved Ph.D. Programme to pursue and complete their Doctoral Research in Auditing, Taxation, Commerce, Management and Accounting. The candidates must have confirmed Ph.D. Registration.

It is noteworthy, Rs. 50,000 per month Scholarship to be awarded to 5 scholars annually for the maximum period of 36 months. Contingency grant will be admissible at the rate of Rs. 50,000 per annum.

The scholar must join the scholarship within four weeks of the date of the award letter by submitting the required documents through the affiliating/administering institution. This may be extended by the ICAI up to six months in deserving cases.

The sanction of the scholarship will be issued initially for a period of one year, effective from the date of joining of the scholar in the scholarship. The renewal of the scholarship for the subsequent year shall be subject to the receipt of satisfactory annual progress report and at least one research paper in International Journal of repute and one in ICAI Journal.

The regular monitoring of scholarship is done based on quarterly and annual progress reports submitted by the scholar and duly forwarded by the supervisor. The scholarship may be discontinued if research progress is found unsatisfactory or any ICAI rules are violated. The ICAI may ask for annual presentation/mid-term appraisal of the research work. During the scholarship, the scholars are required to publish yearly at least one research paper in the International Journal of repute and one in the ICAI Journal on the theme of the research undertaken and submit a copy of these to ICAI.

The ICAI Research Committee has suggested various topics namely Human Resource Accounting, Simplification of Human Resource Laws, Government Sector Accounting, Integrated Reporting, International Taxation Laws and Water Audit. The Research Committee will decide the suitability of the topics from time to time.

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