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Can u help me

Shyamal Mistry (Final Student) (282 Points)

19 October 2010

In Articleship if anybody pays stipend proportionately.....,i.e. if Article present for 25 days in a month then pay only for 25 days.....is it as per regulations of the Institute....or he is obliged to pay for a full month for 3 or 3 1/2 years........does he even has to pay those 6 months that an article gets as leave...???

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4 Replies

Srilakshmi (CA Final) (141 Points)
Replied 19 October 2010

In my office we are paid proportionately. Even if we keep leave for one day that one day stipend is being cut.

Recently i took 5 months leave for final coaching i was not paid for that

CA.G.Muguntha Narayanan (Internal Auditor at TVS Motors) (2195 Points)
Replied 19 October 2010

Dear Shyamal,

I too had the same issue when i did my articles. Some dont pay for leaves and all. But, as per institute regulations, they need to pay. But, u cannot fight for this with anyone friend. SO, better you can concentrate on ur exams and complete CA. That would do good. You can get all ur money in the first month salary itself. So, dont worry about it now

Shyamal Mistry (Final Student) (282 Points)
Replied 20 October 2010

But y some of them do lik that........my friend was paid stipend for full 42 months irrespective of any leave taken or not........it completely depends on the nature of the principal

KARTHICK NAGARAJAN (STUDENT) (126 Points)
Replied 26 November 2010

Its depends upon the thinking of the Auditor, he has to pay for the leave taken by us, The stipend may be monthly, halfyearly, annualy or for 3 years or 3.5 years they may give the lump sum irrespective of leave taken by us.