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ca stipend

Rupesh Maheshwari (ACA, Dip. IFR (ACCA)) (6166 Points)

28 December 2009

do you all think that the new council of ICAI should consider the stipend issue sincerely???????? share ur views here

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50 Replies

Aashish Dinanath Tripathi (Articled Assistant and NCFM(CMDM)) (233 Points)
Replied 28 December 2009

1 Like

Ethan (Student) (40 Points)
Replied 28 December 2009

I am not sure what you mean by 'Stipend issue'? is there really an issue??

In case you are refering to low scale pay, then my friend you should know that internship is not about earning money but about gaining knowledge.

Stipend should be the last thing on ur mind while ur a CA student!!!

Pl reply and tell me as to what u want to express clearly...

SAI KRISHNA GHANTASALA (JOB) (202 Points)
Replied 28 December 2009

dear ethan

one should keep in mind that the pay a student gets as a reward to the work done which earns more than 75% of bugs to a CA should be quiet enough to meet his/her Bus Pass atleast. Is that not right?

Thanks

3 Like

Ethan (Student) (40 Points)
Replied 28 December 2009

Krishna,

I think the minimum stipend to be paid per ICAI rules is enough to cover a student's 'Bus Pass', don't you think? And if the student needs to be rewarded, then there are other ways the employer can do so... and not necessarily through the stipend.

I, personally don't see a 'Stipend Issue' in all this!!!!

You are yourself an articled student and should know better that all the audit related expenses are always reimbursed. So where is the monetary issue here??????

Besides, stipend is not be treated and compared to a salary, i.e. a monetary reward. STIPEND PAID IS NOT SO LOW. And its obvious that an employer will definitely give an increment to his staff periodically.

Is that not right????

Pls reply......

Ethan (Student) (40 Points)
Replied 28 December 2009

Krishna,

I, personally don't see a 'Stipend Issue' in all this!!!!

You are yourself an articled student and should know better that all the audit related expenses are always reimbursed. So where is the monetary issue here??????

Is that not right????

Pls reply......

CA Gopal Soni (Chartered Accountant) (91 Points)
Replied 28 December 2009

I dont agree with u all...Council has to take stipend matter seriously.... institute is minting money from CA Students for PCC or IPCC registration Fee is nearly 8500/-. ... CA's dont increase the stipends....what about all course fees and all....in the current scenario what is cost of living once think...and u people are just fighting on bus pass... what about people like we who are poor.... till now CA course was low but now its costly....dont say its an investment for future but look whether people who have desire but has no money to invest.....

8 Like

manish (Article Assitant) (358 Points)
Replied 28 December 2009

yes

MANISH MEHTA (semi qualified) (58 Points)
Replied 28 December 2009

i also think that institute should consider the issue for raising the stipend as early as possible while taking care of the rate of inflation in todays scenario.

1 Like

Prashant JP (ARTICLE) (57 Points)
Replied 28 December 2009

Fully agree with Gopal sonee.

1 Like

Ronak Dagliya (CA) (332 Points)
Replied 28 December 2009

I don't agree our stipend set by ICAI is nough to carry our daily expenses

1 Like

CA Manish K Dhoot (CA, B. Com, NCFM, CPCM) (5015 Points)
Replied 28 December 2009

Originally posted by : Gopal Sonee
	I dont agree with u all...Council has to take stipend matter seriously.... institute is minting money from CA Students for PCC or IPCC registration Fee is nearly 8500/-. ... CA's dont increase the stipends....what about all course fees and all....in the current scenario what is cost of living once think...and u people are just fighting on bus pass... what about people like we who are poor.... till now CA course was low but now its costly....dont say its an investment for future but look whether people who have desire but has no money to invest.....

Fully agree with u.

1 Like

Ashish Kr Mishra (CA-final & CS-final) (122 Points)
Replied 28 December 2009

Stipend must be an issue. CA's earn lot of money by the hard labour of articled students but the great lobby of CA's is not interested to raise the stipnd. Even CWA articles get much better than us.ICAI boasts we R the best but in which sense i dont know.

1 Like

shankarDADA (IPCC student) (77 Points)
Replied 28 December 2009

yes I agree with GPOAL SONEE.....Thank you jee.

1 Like

Mohd Javed Khan (CA FINAL) (622 Points)
Replied 29 December 2009

Originally posted by : M @ n!$h
	Originally posted by : Gopal Sonee I dont agree with u all...Council has to take stipend matter seriously.... institute is minting money from CA Students for PCC or IPCC registration Fee is nearly 8500/-. ... CA's dont increase the stipends....what about all course fees and all....in the current scenario what is cost of living once think...and u people are just fighting on bus pass... what about people like we who are poor.... till now CA course was low but now its costly....dont say its an investment for future but look whether people who have desire but has no money to invest..... Fully agree with u............