The University Grants Commission (UGC) issued Circular vide D.O.No.9-35/2016(CPP-II) dated March 15, 2021 to consider CA/CS/ICWA qualification equivalent to PG Degree for appearing in UGC-NET (National Eligibility Test).
UGC had received requests from the Institute of Chartered Accountants of India, the Institute of Company Secretaries of India, and the Institute of Cost Accountants of India to consider the qualification being awarded by them, i.e., Chartered Accountants (CA), Company Secretary(CS) and Cost and Works Accountants (ICWA) respectively, equivalent to Post Graduation Degree.
To consider this, a Committee was constituted by the UGC. The Commission, in its 550th meeting held on 18th February, 2021 considered the recommendation of the Expert Committee and resolved as under:
“CA/CS/ICWA qualification be considered equivalent to PG Degree.”
The Circular can be accessed at: http://www.a2ztaxcorp.com/wp-content/uploads/2021/03/CA-Qualification-considered-Equivalent-to-Masters-Degree-ICAI-1.pdf