Tuesday 27 January 2015

CA articles stipend doubled!

In regulation 48, in sub-regulation (1), for the Table, the following Table shall
be substituted, namely:-

Students have been one of the topmost priorities of ICAI with a vision for sustained
and future-oriented growth of our profession. In a latest move to serve the cause of
our students, the Institute has decided with immediate effect (i.e. 23 January 2015)
to double the stipend rates for each of the year payable to the articled assistants
pursuing Chartered Accountancy course.
                                                                    “ Table"


Classification of the normal
place of service of the
articled assistant
During the
first year of
training
During the
second year
of training
During the
remaining
period of
training
(1)
(2)
(3)
(4)
(i) Cities/towns having a
population of twenty
lakhs and above
Rs.2000/-
Rs.2500/-
Rs.3000/-
(ii) Cities/towns having a
population of four lakhs
and above but less than twenty lakhs
Rs.1500/-
Rs.2000/-
Rs.2500/-
(iii)Cities/towns having a
population of less than
four lakhs
Rs.1000/-
Rs.1500/-
Rs.2000/-

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