Stipend payable to CA students raised

In accordance with Notification No. 1-CA(7)/167/2014 dated 23rd January 2015, the stipend payable to CA students have been revised to the following:

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/-