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  • Important update on physical settlements of contracts with a March 2025 expiry

    As per a SEBI mandate, physical settlement is compulsory if a trader holds a position in any Stock F&O contracts on expiry date.

    What is Physical Settlement?

    In a Stock F&O contract, when there is an open position that has not been squared off by its expiry date, Physical Settlement takes place. This implies they have to physically give/take delivery of Stocks to settle the open transactions instead of settling them with cash.

    Examples of physical settlement:

    Futures

    Long positions of 1 lot of Reliance, 250 quantity at Rs. 2000 i.e. Rs. 5 lakh contract value
    F&O = 20% charges i.e. Rs. 1,00,000. This means, you are required to give Rs. 1 lakh, but if you decide to physically settle then you need to have a complete contract value of Rs. 5 lakhs.

    Short positions of 1 lot Reliance 250 quantity at Rs. 2000 i.e. Rs. 5 lakh contract value
    F&O = 20% charges i.e. Rs. 1,00,000. This means, you are required to give Rs. 1 lakh, but if you decide to physically settle then you need to have the holdings of 250 quantity of Reliance and Rs. 1 lakh margin money till expiry date.

    Options

    Long – 1 lot of Reliance, 250 quantity for strike price of Rs. 2000 Call (CE) Options.
    If the underlying price of Reliance is greater than the strike price of Rs. 2000, then the contract is said to be ITM (In-The-Money). If you wish to go for physical settlement, you need to maintain a free ledger balance of Rs 5 Lakh in your account, else physical settlement would not be done.

    Long – 1 lot of Reliance, 250 quantity for Strike price of Rs. 2000 Put (PE) Options.
    If the underlying price of Reliance is lesser than strike price of Rs. 2000, then the contract is said to be ITM (In-The-Money). If you wish to go for physical settlement, you need to provide the Stocks (shares) equal to the lot quantity positioned to be available in Demat account, else physical settlement would not be done.

    Please note — 

    – Short ITM PE options, treatment would be similar to Long ITM CE options.
    Free ledger balance equal to the contract value to be maintained.
    -Short ITM CE options, treatment would be similar to Long ITM PE options.
    Holdings shares of lot quantity positioned to be available in Demat account.

    What is the process for Physical Settlement on Upstox?
    To opt for physical settlement on Upstox, you need to provide your consent first and here are the details for the same:

    -To provide your consent for physical settlement of open Stock F&O contract(s) with March 2025 expiry visit the ‘Profile’ section on your Upstox account on our App / Web and give your consent from here before EOD on Tuesday, 25 March 2025.

    -Based on your consent, Upstox will evaluate whether your position qualifies for physical settlements and if there is sufficient  ledger balances / holdings (whichever applicable) is available.

    -Kindly, plan your trades keeping in mind that you will not be able to trade in fresh positions in the current March 2025 expiry F&O contracts from Wednesday, 26 March 2025 

    -Correspondingly, position conversion(s) on carry forward of any stock futures positions shall also not be permitted.

    What other impact could this have on your positions?
    Your position will automatically be squared-off on expiry day at 12:00 PM in case:

    -You have not provided your consent for physical settlement

    -You provided your consent for physical settlement and do not have Ledger Value (equal to contract value) / holdings available for the physical settlement of your positions.

    -In a case of funds / holdings not being available for all the open positions, we will execute square offs for all the positions. Thus no partial funds / holdings evaluation for the expiring positions will be considered by our team.

    What else to keep in mind?
    Delivery margins would be applicable as per Exchange norms on all the existing long ITM (In The Money) stock option positions in a staggered manner as explained below:

    -10% of delivery margins computed on expiry -4 days EOD (Friday)

    -25% of delivery margins computed on expiry -3 days EOD (Monday)

    -45% of delivery margins computed on expiry -2 days EOD (Tuesday)*

    -70% of delivery margins computed on expiry -1 day EOD (Wednesday)*

    -To avoid margin shortages, Upstox would be blocking such (above mentioned) delivery margins from Beginning of the Day (BOD) instead of End of the Day (EOD).

    -If the positions are not squared off for any reason (e.g: non-liquidity), then the contract would have to be settled physically and you would be liable to pay the entire amount of the settlement.

    * If you have opted for physical settlement, you would be required to fulfil the entire funds (contract value) / holdings requirement by EOD on Tuesday, 25 March 2025.

    In case of spread contracts, you are advised to provide margins for both the legs  since the risk of one leg square off by you anytime would result in physical settlement of the other leg.

    Brokerage in Physical settlement:

    Since there is a substantial increase in effort and risk to settle these F&O positions resulting in physical delivery, if F&O positions result in physical delivery brokerage will be 0.25% of the physical settled value. For all the netted off positions brokerage will be 0.1% of the physical settled value. All physical settled contracts (Futures & Options) will also carry an applicable Exchange charge.

    And that’s all. Keep a watchful eye on this page for more updates from Upstox!

  • Pensionable Age Cut: Will the age for additional pension for retired employees be reduced? know latest update


    – Advertisement –

    Pensionable Age Cut: The government has assured that the payment of additional pension is made automatically through banks and pension distribution agencies. Instructions are also issued from time to time to avoid any delay or disturbance in this.

    There has been a long standing demand to reduce the existing age limit for additional pension to retired central employees. However, the government has once again clarified its stand on this matter. The central government said that there is no plan to reduce the minimum age eligibility for additional pension to retired central employees.

    – Advertisement –

    There is no approval for reducing the minimum age limit for additional pension
    The central government has made it clear that the minimum age for additional pension will remain 80 years. In response to a question asked in the Lok Sabha, the government said that there was a proposal to increase this limit to 65 years, but it has not been approved.

    An MP asked whether the government was considering reducing the age limit to 65 years as recommended by the Parliamentary Standing Committee on Pensioners’ Grievances and, if so, sought details about it.

    In response to this question, Union Minister of State for Personnel Jitendra Singh said in the Lok Sabha that on the recommendation of the Sixth Pay Commission, the government has approved 20% additional pension at the age of 80 years, 30% at the age of 85 years, 40% at the age of 90 years, 50% at the age of 95 years and 100% at the age of 100 years.

    He said that as age increases, especially health-related needs also increase, so provision for additional pension has been made. But there is no plan to reduce the minimum age eligibility for additional pension.

    Will the rules on additional pension age change for central government employees?
    The Parliamentary Standing Committee had recommended giving additional pension from the age of 65 in 2021. The government considered it and also submitted its report in 2022. After this, the committee decided not to pursue the issue further. That is, at present the government has no plans to reduce the minimum age eligibility.

    How are central government pensioners paid?

    The government has assured that the payment of additional pension is done automatically through banks and pension distribution agencies. Instructions are also issued from time to time to avoid any delay or disturbance in this.

    How will the impact of rising inflation on pension be reduced?

    Dearness Relief (DR) is given to pensioners, which applies to both their basic pension and additional pension. Its rate is the same as that of Dearness Allowance (DA).

    Possibility of change in pensionable age in future?

    At present, the government does not intend to make any changes in this rule. But in view of the rising inflation and cost of living, the government will keep an eye on this issue. It is clear from this decision of the government that one should not expect to get additional pension before the age of 80 years. At present, Dearness Allowance is the only support for retired central employees, through which they can get some relief.

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  • DA Arrear Payment: Will government employees get 18 months of DA arrears? know latest update


    – Advertisement –

    DA Arrear Payment: The central government increases the Dearness Allowance every year in January and July. But in 2020, due to the Covid pandemic, the government stopped the DA hike for 18 months.

    During this period, the employees were supposed to get DA in three installments, which is still pending.

    – Advertisement –

    Central government employees and pensioners have been demanding for a long time to pay the Dearness Allowance (DA) which was stopped during Covid-19. The Confederation of Central Government Employees and Workers has once again raised the issue of long pending demands of central government employees and pensioners.

    According to a circular issued by the Confederation, one of their various demands is to pay the arrears of Dearness Allowance (DA) withheld during the Covid pandemic. This DA arrears is from January 2020 to June 2021.

    In this circular, the government has been asked to resolve many other issues including the pending DA issue as soon as possible. Let us tell you that in the circular issued on 7 March 2025, the Confederation said that due to the lack of attention of the central government, their legitimate demands have not been met yet. Employee organizations have been agitating for their demands for a long time.

    What are the special demands of the Federation? 

    The organization’s charter of demands includes several demands, such as:

    • Demand for appointment of committee members including chairman under 8th Pay Commission.
    • The New Pension Scheme (NPS) should be abolished and the Old Pension Scheme (OPS) should be restored.
    • The three DA installments withheld during the Covid pandemic should be paid.
    • The amount deducted from the pension of employees and pensioners should be restored in 12 years (currently this period is 15 years).
    • The 5% limit on providing jobs on compassionate grounds should be abolished and all eligible applicants should be given appointment.
    • The vacant posts in all departments should be filled immediately and outsourcing and privatization in government departments should be stopped.
    • Employees’ organizations should be allowed to work democratically.

    Know what is the issue related to DA arrears?

    The central government increases the Dearness Allowance every year in January and July. But in 2020, due to the Covid pandemic, the government stopped the DA hike for 18 months. During this period, the employees were to get DA in three installments, which is still pending. The Federation says that the government should pay these pending arrears as it is the right of the employees and pensioners. But the government has not yet accepted their demand.

    Will the government pay the DA arrears?

    The government has made it clear on several occasions that it will not pay the DA arrears. The government’s argument on this is that it is not financially possible to do so. However, the Federation said in its circular that the employees will continue to raise their demands.

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  • Important update on physical settlements of contracts with a February 2025 expiry

    As per a SEBI mandate, physical settlement is compulsory if a trader holds a position in any Stock F&O contracts on expiry date.

     

    What is Physical Settlement?

    In a Stock F&O contract, when there is an open position that has not been squared off by its expiry date, Physical Settlement takes place. This implies they have to physically give/take delivery of Stocks to settle the open transactions instead of settling them with cash.

    Examples of physical settlement:

    Futures

    Long positions of 1 lot of Reliance, 250 quantity at Rs. 2000 i.e. Rs. 5 lakh contract value

    F&O = 20% charges i.e. Rs. 1,00,000. This means, you are required to give Rs. 1 lakh, but if you decide to physically settle then you need to have a complete contract value of Rs. 5 lakhs.

    Short positions of 1 lot Reliance 250 quantity at Rs. 2000 i.e. Rs. 5 lakh contract value

    F&O = 20% charges i.e. Rs. 1,00,000. This means, you are required to give Rs. 1 lakh, but if you decide to physically settle then you need to have the holdings of 250 quantity of Reliance and Rs. 1 lakh margin money till expiry date.

    Options

    Long – 1 lot of Reliance, 250 quantity for strike price of Rs. 2000 Call (CE) Options.

    If the underlying price of Reliance is greater than the strike price of Rs. 2000, then the contract is said to be ITM (In-The-Money). If you wish to go for physical settlement, you need to maintain a free ledger balance of Rs 5 Lakh in your account, else physical settlement would not be done.

    Long – 1 lot of Reliance, 250 quantity for Strike price of Rs. 2000 Put (PE) Options.

    If the underlying price of Reliance is lesser than strike price of Rs. 2000, then the contract is said to be ITM (In-The-Money). If you wish to go for physical settlement, you need to provide the Stocks (shares) equal to the lot quantity positioned to be available in Demat account, else physical settlement would not be done.

    Please note — 

    -Short ITM PE options, treatment would be similar to Long ITM CE options.
    Free ledger balance equal to the contract value to be maintained.

    -Short ITM CE options, treatment would be similar to Long ITM PE options.
    Holdings shares of lot quantity positioned to be available in Demat account.


    What is the process for Physical Settlement on Upstox?
    To opt for physical settlement on Upstox, you need to provide your consent first and here are the details for the same:

     

    -To provide your consent for physical settlement of open Stock F&O contract(s) with February 2025 expiry visit the ‘Profile’ section on your Upstox account on our App / Web and give your consent from here before EOD on Monday, 24 February 2025.

    -Based on your consent, Upstox will evaluate whether your position qualifies for physical settlements and if there is sufficient  ledger balances / holdings (whichever applicable) is available.

    -Kindly, plan your trades keeping in mind that you will not be able to trade in fresh positions in the current February 2025 expiry F&O contracts from Tuesday, 25 February 2025 onwards. 

    -Correspondingly, position conversion(s) on carry forward of any stock futures positions shall also not be permitted.

    What other impact could this have on your positions?
    Your position will automatically be squared-off on expiry day at 12:00 PM in case:

    -You have not provided your consent for physical settlement

    -You provided your consent for physical settlement and do not have Ledger Value (equal to contract value) / holdings available for the physical settlement of your positions.

    -In a case of funds / holdings not being available for all the open positions, we will execute square offs for all the positions. Thus no partial funds / holdings evaluation for the expiring positions will be considered by our team.

    What else to keep in mind?
    Delivery margins would be applicable as per Exchange norms on all the existing long ITM (In The Money) stock option positions in a staggered manner as explained below:

    -10% of delivery margins computed on expiry -4 days EOD (Friday)

    -25% of delivery margins computed on expiry -3 days EOD (Monday)

    -45% of delivery margins computed on expiry -2 days EOD (Tuesday)*

    -70% of delivery margins computed on expiry -1 day EOD (Wednesday)*

    -To avoid margin shortages, Upstox would be blocking such (above mentioned) delivery margins from Beginning of the Day (BOD) instead of End of the Day (EOD).

    -If the positions are not squared off for any reason (e.g: non-liquidity), then the contract would have to be settled physically and you would be liable to pay the entire amount of the settlement.

    * If you have opted for physical settlement, you would be required to fulfil the entire funds (contract value) / holdings requirement by EOD on Monday, 24 February 2025.

    In case of spread contracts, you are advised to provide margins for both the legs  since the risk of one leg square off by you anytime would result in physical settlement of the other leg.

    Brokerage in Physical settlement:

    Since there is a substantial increase in effort and risk to settle these F&O positions resulting in physical delivery, if F&O positions result in physical delivery brokerage will be 0.25% of the physical settled value. For all the netted off positions brokerage will be 0.1% of the physical settled value. All physical settled contracts (Futures & Options) will also carry an applicable Exchange charge.

    And that’s all. Keep a watchful eye on this page for more updates from Upstox!

  • Exciting Update: Faster & Safer Settlements Coming Your Way!

    We have great news! SEBI’s new Direct Payout System is set to go live on 24 February 2025, making the settlement process smoother, faster, and more secure for you.

    What is a Direct Payout System?
    Direct settlement is a new process that ensures that when you buy stocks, they are credited directly to your demat account.

    What’s changing for you?
    Everything remains the same—just faster and smoother! However, to ensure a seamless transition, a few services will be temporarily unavailable on 24 & 25 February 2025:
    – MTF (Margin Trading Facility) buying will be unavailable on 24 & 25 February 2025
    – Stocks bought on 24 February won’t be available for selling on 25 February 2025 (BTST)

    We’re committed to making this transition as easy as possible for you. Stay tuned for further updates, and as always, we’re here to help with any questions!

  • NSE Update: F&O Expiry Moving to Monday!

    Starting 4 April 2025, NSE is shifting its F&O expiry schedule from Thursdays to Mondays.

    📅 New Expiry Days:
    ✔ NIFTY Weekly Expiry → Every Monday
    ✔ NIFTY, BANKNIFTY & Stock F&O (Monthly & Quarterly) Expiry → Last Monday of the Month

    This change could impact your trading strategy—so plan your trades accordingly!

  • Important update on physical settlements of contracts with a January 2025 expiry

    As per a SEBI mandate, physical settlement is compulsory if a trader holds a position in any Stock F&O contracts on the expiry date.

    What is Physical Settlement?

    In a Stock F&O contract, when there is an open position that has not been squared off by its expiry date, Physical Settlement takes place. This implies they have to physically give/take delivery of Stocks to settle the open transactions instead of settling them with cash.

    Examples of physical settlement:

    Futures

    Long positions of 1 lot of Reliance, 250 quantity at Rs. 2000 i.e. Rs. 5 lakh contract value

    F&O = 20% charges i.e. Rs. 1,00,000. This means you are required to give Rs. 1 lakh, but if you decide to physically settle then you need to have a complete contract value of Rs. 5 lakh.

    Short positions of 1 lot Reliance 250 quantity at Rs. 2000 i.e. Rs. 5 lakh contract value

    F&O = 20% charges i.e. Rs. 1,00,000. This means you are required to give Rs. 1 lakh, but if you decide to physically settle then you need to have the holdings of 250 quantities of Reliance and Rs. 1 lakh margin money till the expiry date.

    Options

    Long – 1 lot of Reliance, 250 quantity for a strike price of Rs. 2000 Call (CE) Options.

    If the underlying price of Reliance is greater than the strike price of Rs. 2000, then the contract is said to be ITM (In-The-Money). If you wish to go for physical settlement, you need to maintain a free ledger balance of Rs 5 Lakh in your account, else physical settlement would not be done.

    Long – 1 lot of Reliance, 250 quantity for Strike price of Rs. 2000 Put (PE) Options.

    If the underlying price of Reliance is lesser than the strike price of Rs. 2000, then the contract is said to be ITM (In-The-Money). If you wish to go for physical settlement, you need to provide the Stocks (shares) equal to the lot quantity positioned to be available in the Demat account, else physical settlement would not be done.

    Please note — 

    – Short ITM PE options, treatment would be similar to Long ITM CE options.
    Free ledger balance equal to the contract value to be maintained.

    – Short ITM CE options, treatment would be similar to Long ITM PE options.
    Holdings shares of lot quantity need to be available in Demat account.


    What is the process for Physical Settlement on Upstox?
    To opt for physical settlement on Upstox, you need to provide your consent first and here are the details for the same:

    – To provide your consent for physical settlement of open Stock F&O contract(s) with January  2025 expiry visit the ‘Profile’ section on your Upstox account on our App / Web and give your consent from here before EOD on Tuesday, 28 January 2025.

    – Based on your consent, Upstox will evaluate whether your position qualifies for physical settlements and if there is sufficient ledger balances / holdings (whichever applicable) are available.

    – Kindly, plan your trades keeping in mind that you will not be able to trade in fresh positions in the current January 2025 expiry F&O contracts from Wednesday, 29 January 2025 onwards. 

    – Correspondingly, position conversion(s) on carry forward of any stock futures positions shall also not be permitted.

    What other impact could this have on your positions?
    Your position will automatically be squared off on expiry day at 12:00 PM in case:

    – You have not provided your consent for physical settlement

    – You provided your consent for physical settlement and do not have Ledger Value (equal to contract value) / holdings available for the physical settlement of your positions.

    – In case of funds/holdings not being available for all the open positions, we will execute square-offs for all the positions. Thus no partial funds/holdings evaluation for the expiring positions will be considered by our team.

    What else to keep in mind?
    Delivery margins would be applicable as per Exchange norms on all the existing long ITM (In The Money) stock option positions in a staggered manner as explained below:

    – 10% of delivery margins computed on expiry -4 days EOD (Friday)

    – 25% of delivery margins computed on expiry -3 days EOD (Monday)

    – 45% of delivery margins computed on expiry -2 days EOD (Tuesday)*

    – 70% of delivery margins computed on expiry -1 day EOD (Wednesday)*

    – To avoid margin shortages, Upstox would be blocking such (above-mentioned) delivery margins from the Beginning of the Day (BOD) instead of the End of the Day (EOD).

    – If the positions are not squared off for any reason (e.g.: non-liquidity), then the contract would have to be settled physically and you would be liable to pay the entire amount of the settlement.

    *If you have opted for physical settlement, you would be required to fulfil the entire funds (contract value) / holdings requirement  by  EOD on Tuesday, 28 January 2025.

    In the case of spread contracts, you are advised to provide margins for both legs since the risk of one leg being squared off by you at any time would result in the physical settlement of the other leg.

    Brokerage in Physical settlement:

    Since there is a substantial increase in effort and risk to settle these F&O positions resulting in physical delivery, if F&O positions result in physical delivery brokerage will be 0.25% of the physical settled value. For all the netted-off positions brokerage will be 0.1% of the physical settled value. All physically settled contracts (Futures & Options) will also carry an applicable Exchange charge.

    And that’s all. Keep a watchful eye on this page for more updates from Upstox!

  • Employed people Update: Basic tax exemption limit will be ₹5 lakh in the budget! Employed people in focus

    New Delhi: Amid the slowdown in expenditure by common people on goods and services, the government may give some concessions on the tax front in the general budget to be presented for the financial year 2025.

    The government’s emphasis is on bringing more and more people towards the new tax regime instead of the old tax regime. Therefore, while presenting the budget on July 23, Finance Minister Nirmala Sitharaman can take steps like increasing the standard deduction and increasing the tax exemption limit from Rs 3 lakh to Rs 5 lakh under the new tax system. Experts say that this will increase the attractiveness of the new tax system.

    – Advertisement –

    With GDP growth of 8.2% in FY24, it was the third consecutive year when the economy grew at a pace of more than 7%. However, the growth of Private Final Consumption Expenditure (PFCE), on which about 60% of the economy depends, was only 4%. Experts are insisting on giving incentives to increase it.

    What are the experts saying?

    Deloitte India Director Tarun Garg said, ‘The government can increase the standard deduction limit from Rs 50,000 to Rs 1 lakh in the new tax regime. Deductions under 80D on health insurance premium can be included in the new tax regime. Its limit should also be increased. This will also encourage people to take adequate health insurance cover.’

    Tax expert and senior chartered accountant Sushil Agarwal said, ‘There is no possibility of relief in the old tax regime as the government wants to phase it out. In the new tax regime, the tax exemption limit can be increased from Rs 3 lakh to Rs 5 lakh. Currently, those with an annual income of up to Rs 7.50 lakh do not have tax liability, it can increase to Rs 9-10 lakh. There is a situation of double taxation on dividends. First the company pays tax on it and then the person receiving it pays tax. This should be abolished.’

    What changes are possible regarding NPS?

    Garg said, ‘The deduction limit for employer contribution in NPS is currently 10% of the basic salary. It can be increased to 14%. This will be similar to the benefits being given to central and state government employees. Also, more cities should be included in the category of metro cities for house rent allowance. This time the government can give metro city status to Bengaluru, Pune, Hyderabad and NCR for this purpose.’ Currently, HRA exemption of up to 50% of the basic salary is available on rented house in Delhi, Mumbai, Chennai and Kolkata. For other cities, the limit is 40%.

    – Advertisement –

  • LIC Share Holders Update: LIC share holders should do this work immediately, otherwise they will get less dividend

    LIC Share Holders Update: There is big news for LIC shareholders. Shareholders of Life Insurance Corporation of India (LIC) should do this work soon, otherwise their dividend may be reduced.

    In fact, on July 5, 2024, LIC has advised its shareholders to update PAN through an advertisement. The advertisement said that the Board of Directors of the Corporation in its meeting held on May 27, 2024 has recommended a final dividend of Rs 6 on each equity share of face value of Rs 10.

    – Advertisement –

    LIC shareholders – only these people will get dividend

    This has been declared by the members of the Corporation in the third Annual General Meeting to be held on Thursday 22nd August 2024 for the financial year 2023-24. As per the record date which is Friday 19th July 2024, the dividend will be paid to the members who hold equity shares of LIC in physical or electronic form. The dividend will be paid to the members eligible for final dividend within 30 days of the declaration date or latest by 20th September 2024. Members who have updated their bank account details with their depository participants can receive the payment online and through other modes.

    Also Read: Weather Forecast : Heavy rain will occur from today, orange and yellow alert issued for these districts

    Shareholders should update this information

    LIC said in the newspaper that members who have not updated their bank account details are requested to update them in time. The dividend will be transferred by July 19. Dividend payment will be made as per the bank details of any member.

    TDS is deducted on dividend income

    The Income Tax Act 1961 (IT Act) mandates that the Corporation deducts Tax Deducted at Source (TDS) on dividends paid to members. Dividend income of members is taxable. To enable compliance with TDS requirements, LIC members are advised by the company to complete and update their residential status, PAN and category as per the IT Act with their DP.

    This is the rule

    According to the LIC website, however, no tax will be deducted on dividends paid to resident members (individuals) if the total dividend paid to them during the financial year 2024-25 does not exceed Rs 5,000. Where the PAN is either not registered or invalid. Tax deducted at source will be deducted at the same rate as the higher of the prescribed TDS rates or @ 20%. Members will also be able to view the credit of TDS in Form 26AS, which can be downloaded from their e-filing account

    – Advertisement –

  • ISACA’s CMMI Certification Pathways Courses and Exams Upda

    Bangalore, India, 6th May 2024: To proceed to ship revolutionary coaching to these pursuing credentialing pathways for ISACA’s Capability Maturity Model Integration (CMMI®), ISACA has up to date every of its CMMI certification-related insurance policies and CMMI certification exams to align with the latest CMMI V3.0 launch and replicate finest practices in managing certification packages.

    CMMI helps organizations—greater than 19,000 since inception—improve their efficiency and seize alternatives as trusted enterprise companions and suppliers. The latest updates to the CMMI credentialing pathway programs and exams embrace:

    • Implementing modifications to the certification pathway to align with CMMI V3.0, together with the event of recent Exam Content Outlines (ECOs) for all CMMI certification exams.
    • Developing new examination questions (gadgets) to align to their respective ECOs to make sure the exams assess the data and competencies required throughout the particular roles.
    • Establishing a brand new reduce rating for every examination to make sure that people who cross really have the correct amount of data and competencies to carry out the respective function.

    “The studying workforce at ISACA is happy to assist the CMMI V3.0 improve by refining the CMMI coaching choices with a powerful deal with steady enchancment and new performance to boost the coed expertise,” says Kirsten Lora, ISACA vice chairman, publishing.

    The up to date coaching materials brings elevated worth to college students via:

    • Improved visibility of, and emphasis on, course targets
    • Redesigned and improved graphics all through the course materials
    • Consistent fashion throughout the model 3.0 programs and materials
    • Tailored pointers that enable the teacher to cowl all important materials, whereas customizing course materials to the particular wants of various audiences
    • Support from a complete Instructor Guide that helps to handle the tempo of the category
    • Virtual supply format that may be adaptable to onsite supply

    “In the greater than 20 years I’ve been educating CMMI programs, there has all the time been a excessive stage of assist for instructors and college students, leading to robust outcomes,” says Richard Bechtold, PhD, president, Abridge Technology Certified CMMI LA and Instructor. “The improved high quality that ISACA is bringing to its CMMI coaching and credentialing materials will be sure that the training expertise is additional elevated and customizable to arrange each learners and instructors for achievement.”

    ISACA additionally lately launched its CMMI High Maturity Lead Appraiser (HMLA) Entrance Exam, based mostly on an up to date Exam Content Outline supporting the V3.0 mannequin to make sure the {qualifications} of essentially the most skilled and expert Lead Appraisers.  The up to date HMLA Certification goals to offer readability to excessive maturity candidates, facilitating smoother development via the pathway whereas sustaining high quality, rigor, and consistency within the certification course of.  The HMLA oral examination was lately launched as properly.

    These latest updates, together with enhancements to ISACA’s CMMI Lead Appraiser Training that align all content material to the CMMI V3.0 mannequin and area content material, and changes made to higher hyperlink learner targets with course content material, present extra steerage and readability to CMMI Instructors delivering these programs within the notes. Additionally, ISACA lately launched the up to date Achieving High Maturity (AHM) course and the up to date CMMI Professional Exam, the primary tier of the CMMI superior stage exams, which helps up-and-coming professionals searching for to raise their careers via the CMMI ecosystem.

    The CMMI 2024 Conference will happen 8-10 May in Phoenix, Arizona, bringing collectively members of the CMMI neighborhood from a variety of backgrounds and industries to share and study finest practices for bettering organizational efficiency.


    Mansi Praharaj