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NEHA DUGGALNEHA DUGGAL asked 5 months ago

According to ESB ANNOUNCEMENTS,  it is given that a CA IN PRACTICE can’t become  FINANCIAL ADVISOR   but SIR,   the service of financial advisor is covered in Management Consultancy services, which a CA can provide….

1 Answers
RaviRavi Staff answered 5 months ago

Please read complete sentence, he can become financial advisor but not receive fees / commission etc
A chartered accountant in practice cannot become Financial Advisors and receive fees/commission from Financial Institutions such as Mutual Funds, Insurance Companies, NBFCs etc.

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