The Ministry of Corporate Affairs (MCA) has invited applications for one Full-Time Member position in the National Financial Reporting Authority (NFRA), offering a consolidated monthly salary of ₹5 lakh or pay and allowances equivalent to an Additional Secretary to the Government of India. Eligible professionals with at least 20 years of experience in accountancy, auditing, finance or law can apply in the prescribed format by November 16, 2026.
The Ministry of Corporate Affairs (MCA), Government of India, has invited applications from eligible Indian nationals for the appointment of one Full-Time Member in the National Financial Reporting Authority (NFRA). The position offers a consolidated monthly remuneration of ₹5 lakh, subject to the prescribed terms and conditions.
Eligibility and Experience
Under the National Financial Reporting Authority (Manner of Appointment and Other Terms and Conditions of Service of Chairperson and Members) Rules, 2018, applicants must possess at least 20 years of expertise and experience in accountancy, auditing, finance or law.
The applicant must be a person of ability, integrity and standing, with substantial professional knowledge and experience in the relevant field.
Salary and Remuneration
The selected Full-Time Member will have the option to receive either:
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A consolidated monthly salary of ₹5,00,000 without house and car facilities; or
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Pay and allowances admissible to an Additional Secretary to the Government of India.
Where a member selects the second option and receives a Central or State Government pension, the gross pension amount will be deducted from the applicable pay.
Tenure and Independence Requirements
The appointment will be for three years from the date of assuming office or until the member attains 65 years of age, whichever is earlier. The member will be eligible for reappointment for one additional term.
The selected candidate must submit a declaration confirming the absence of conflicts of interest and any circumstances affecting independence.
Importantly, the Full-Time Member cannot be associated with any audit firm, including related consultancy firms, during the appointment and for two years after leaving the position.
Application Procedure and Last Date
Interested candidates must submit their completed applications in the prescribed format, together with the required supporting documents.
Applications must reach the following address by November 16, 2026:
Shri Bhanu Sharma
Under Secretary, Ministry of Corporate Affairs
Room No. 13049, 'A' Wing, 3rd Floor
Kartavya Bhawan, New Delhi – 110001
Serving government employees, including those working in public sector undertakings and autonomous organisations, must apply through the proper channel and furnish the prescribed certificates.
Incomplete applications or applications received after the deadline are liable to be rejected.
The Search-cum-Selection Committee may also identify and recommend suitable candidates on merit, even if they have not formally applied for the position. DOWNLOAD FORM FROM ATTACHMENT
Source: CA Sansaar