Student Training & Practical Education • ICAI Regulations 102 & 103

ICAI New Scheme CA Final Attempt & Study Leave Calculator

Model your 2-year practical training milestones, statutory leave quota (12 days/year), mandatory 6-month study cooling window, and earliest eligible CA Final examination attempt under amended ICAI Regulations 102 and 103. Computations execute 100% locally in your browser memory with zero server data retention.

Other Evaluators: Real Estate JDA NRI Residency US RSU & Equity Section 44ADA
Statutory allowance: Strictly 12 days per 365-day training cycle (Total 24 days over 2 years).
Mandatory CBT clearance before submitting CA Final examination application.
Statutory Eligibility Projection ICAI Regulation 102(3) Analysis
2-Yr Practical Training Completion
31 August 2027

Within 24-day statutory leave limit.

6-Month Study Window End Date
28 February 2028

Mandatory self-study & mock exams.

Earliest CA Final Exam Attempt
May 2028

ICAI New Scheme Examination Cycle.

Statutory Leave Balance Tracker (ICAI New Scheme) 8 / 24 Days Availed (16 Days Remaining)
Milestone 1: SPOM Sets A & B
Online Modules & CBT Tests

Must achieve 50%+ in Set A (Corporate Law) and Set B (SCPM) computer-based tests prior to applying for the May 2028 final examination.

Milestone 2: Advanced ICITSS
Adv ITT & MCS Course Completion

Must be successfully completed after the conclusion of 2-year practical training and before sitting for the CA Final examination.

Milestone 3: Daily Study Discipline
10:00 AM – 06:00 PM Work Architecture

Enables seamless attendance at morning classes (07:00 – 09:30 AM) and evening self-study (06:30 – 09:30 PM) without chronic overtime burnout.

Milestone 4: Multi-Disciplinary Exposure
4-Discipline Rotational Curriculum

Statutory Audits (CARO 2020), Direct Tax Litigation (Section 148A), GST SCN Defense, and Bank Audits (LFAR/IRAC NPA).

ICAI Practical Training Regulations (New Scheme): Critical Takeaways

Regulation 102: The 2-Year Paradigm

Under the amended Chartered Accountants Regulations, the duration of practical training is 24 continuous calendar months. Both Groups of CA Intermediate and the initial ICITSS course must be cleared prior to registration of Form 103 on the ICAI SSP portal.

Crucially, CA Final examination forms can only be submitted after the completion of the 2-year articleship and the expiry of a mandatory 6-month cooling period, ensuring students have dedicated study time free of client obligations.

Regulation 103: Statutory Leave Cap

Leaves during the 2-year practical training are restricted to 12 days for every 365 days of training, totaling 24 days over the complete duration.

Any leave availed beyond this 24-day statutory threshold results in an extension of practical training by an equal number of days, pushing forward the completion date and potentially delaying the subsequent CA Final examination cycle.

Punctual Electronic Stipend Governance: In accordance with ICAI directives, trainees receive structured monthly stipends substantially higher than the prescribed minimum statutory thresholds, disbursed punctually via direct electronic bank transfer on or before the 7th of every month.

Applying for CA Articleship in Delhi NCR?

Explore practical training under 6 CA Partners with disciplined 10 AM – 6 PM routines at our Nehru Place office.

Explore Careers New Scheme Guide
ICAI Code of Ethics Pull-Model Statutory Notice This website is maintained by Srivastava Kumar & Co., Chartered Accountants, in strict compliance with the Guidelines issued by the Institute of Chartered Accountants of India (ICAI) under Clause (1) of Part I of the First Schedule to the Chartered Accountants Act, 1949. Information contained herein is provided solely on a pull-model basis upon visitor request for educational and general informational purposes, and does not constitute commercial solicitation, advertisement, or professional engagement.