CA members can get the COVID grant from ICAI
Considering the difficult time due to COVID 19 pandemic,The Managing Committee of the Chartered Accountants Benevolent Fund (CABF) ICAI has considered the difficulties being faced by Members in the time of pandemic and has decided to grant Medical Financial Assistance to the Members and their
dependents suffering from CORONA.
This help is going to be available to the Members and their dependents who are in distress and need financial assistance for treatment of Corona disease.
To avail this help members/dependents may file request in prescribed Application Form-cum Undertaking hosted on the website of the ICAI at the CABF Portal at the link https://cabf.icai.org/ . The application is to be accompanied with the CORONA positive report and is available only for the cases of hospitalization.The announcement for the same was made by ICAI on 26th July 2020.
Who can one avail the COVID Grant from ICAI?
If a CA member, spouse, children or their dependents are COVID positive.
Grant will be made available only in case of hospitalization.
Grant is medical financial assistance that will be made available only to the members who are in distress & would require financial assistance for the treatment of the disease. (Only if net taxable income is less than Rs. 10 lakhs per annum)
The maximum grant that can be availed from ICAI is Rs. 1,50,000/-
Note: If the above grant is not utilized for the treatment of CORONA by satisfying the above conditions, the grant will be returnable to CABF in full within 15 days.
Procedure to avail the Covid 19 grant from ICAI
1. The CA members who would like to avail the grant will have to file the request in the prescribed form-cum-Undertaking.
2. The application needs to be filed along with the CORONA positive report.
3. The application form is made available on the website of the ICAI at the CABF Portal at the link https://cabf.icai.org/ .
OR
What documents are required to be submitted along with the application form?
2. Copy of Corona Diagnosis (Original)
3. All the medical reports & Hospital Bills (Original)
4. The estimated cost of treatment in the hospital.
5. Copy of PAN
6. Copy of Aadhar Card
7. Copy of preceeding 2 years ITRs
8. Cancelled Cheque.
For detailed information please mail to covidassistance@icai.in.