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Stipend

Articleship 1289 views 4 replies

Can anyone Provide me rate of Stipend

Replies (4)

Payment of Stipend - Click Here

 

Stipend to articled assistants


Stipend to articled assistants applicable on or after June 1, 2006
A person registered as an Articled is entitled to receive a minimum monthly stipend as per the rates specified under the Chartered Accountants Regulations, from time to time. The current minimum rates of monthly stipend payable, depending on the situation of the normal place of services of the articled assistants, are as follows:
  Classification of the normal place of service of the articled assistants Stipend payable per month during
    During the first year of training During the second year of training During the remaining period of training
1. Cities / Towns having population of 20 lakhs and above Rs.1000 Rs.1250 Rs.1500
2. Cities / Towns having population of 4 lakhs and above but less than 20 lakhs Rs.750 Rs.1000 Rs.1250
3. Cities / Towns having population of less than 4 lakhs Rs.500 Rs.750 Rs.1000

PAYMENT OF STIPEND TO ARTICLED ASSISTANTS

(Regulation 48 Manual)

Originally posted by : Anil Gopinath


 

Sir..thats very old Rates..its been 4000 minimum for an IPCC Students(ranging upon Firms)

Acccording to our Institutes amendment its now starting anywhere from Rs 4000to Even 10,000(Big Firms).



Stipend to articled assistants












Stipend to articled assistants applicable on or after June 1, 2006





A person registered as an Articled is entitled to receive a minimum monthly stipend as per the rates specified under the Chartered Accountants Regulations, from time to time. The current minimum rates of monthly stipend payable, depending on the situation of the normal place of services of the articled assistants, are as follows:








 

Classification of the normal place of service of the articled assistants

Stipend payable per month during











 

 

During the first year of training

During the second year of training

During the remaining period of training



1.

Cities / Towns having population of 20 lakhs and above

Rs.1000

Rs.1250

Rs.1500



2.

Cities / Towns having population of 4 lakhs and above but less than 20 lakhs

Rs.750

Rs.1000

Rs.1250



3.

Cities / Towns having population of less than 4 lakhs

Rs.500

Rs.750

Rs.1000






 


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