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Do you agree with the stipend limit of ICAI ?

CA M.MD SAREEF (+91-90920-53115 ) (706 Points)

07 September 2009  

Hi Frenz Is the minimum stipend fixed by ICAI is enough for us ?

share Your views here ...


 49 Replies

santhosh (CA) (636 Points)
Replied 07 September 2009

Its very low but  we cant Do anything , cos All CA's Cant afford to Pay handasome amount as Stipend

Karuna Sethi (CA) (838 Points)
Replied 07 September 2009

I also think dat it is very less.

CA Jayesh Samudra (Self Employed) (97 Points)
Replied 07 September 2009

 its ok...atleast we get our monthly pocket money even on the side of experience we have nothing till we clear pcc

raj (Article student) (34 Points)
Replied 07 September 2009

its not stipend.........its a chanda.....whoever made rule for stipend himself is a CA.....they USE us thats it.........they earn lacs of Rs but what they nothing notenev 1% of their audit fees..................they all are jst selfish thats it..................u cant even pay get two pair of clothes in their stipend.......forget abt eating.................nonsense

Priyadharshini (articled assistant) (64 Points)
Replied 07 September 2009

Hey Guys!!!!!!!

Dont worry abt the stipend.....

Articleship is the period of Learning and not for earning....

Defntly ul pay off later 4 all the hard work u r doing nw....

al the best.....

1 Like

CA. ANKUR JAIN (CA.....) (2800 Points)
Replied 07 September 2009

ONLY THE EXP. OF CONVEYANCE IS OUR STIPEND .............

KYA HUM KUCH KHATE NAHI HAI

Narayanan.R (Chartered Accountant) (191 Points)
Replied 07 September 2009

Originally posted by :Priya
" Hey Guys!!!!!!!
Dont worry abt the stipend.....
Articleship is the period of Learning and not for earning....
Defntly ul pay off later 4 all the hard work u r doing nw....
al the best.....
"


 

I Agree with Priya. If you keep on concerned about your earnings during your articleship you will miss out on your learning perspective.

You can commit mistakes during ur articleship and you can rectify the same. But once you became professional, such kind of mistakes even unintentional mistakes will degrade your value.

SO my dear friend learn as much as possible during your articlehip.

Regards,

R. Narayanan,

PKF sridhar & Santhanam

1 Like

CA Sumit Arora (CA) (1410 Points)
Replied 07 September 2009

 That is not Enough for us. 

Priyadharshini (articled assistant) (64 Points)
Replied 07 September 2009

rgtly said MR. NARAYANAN...

This is the place where v can rectify all our mistakes... and where some others wr made resposible for our mistakes....

V wnt get such opportunities again in our life where other person is resposible for our mistakes....

heeee

enjy it....

 

godzila (student) (63 Points)
Replied 07 September 2009

If you wanna go though the course you have to except it because you cant do anything.... you have to follow the rules they make... you can give an application with your group to icai... if they agree then enjoy otherwise you have to except the norms...

Harshul Sharma (Assistant Manager) (22 Points)
Replied 07 September 2009

If the stipend is raised then there will be no CA firm that would help you in Articleship.  However, in Metros Stipend should atleast be Rs 2500 pm.

BHAGYESH RAVANGE (C.A Job) (1528 Points)
Replied 07 September 2009

Our Conveyance Exp is also more than that.

Sahil (Accountant) (114 Points)
Replied 07 September 2009

Originally posted by :Priya
" Hey Guys!!!!!!!
Dont worry abt the stipend.....
Articleship is the period of Learning and not for earning....
Defntly ul pay off later 4 all the hard work u r doing nw....
al the best.....
"


I also agree with Priya

Manmohan ACA, CS (Chartered Accountant ) (14243 Points)
Replied 07 September 2009

As we all know that article stipend is very low,
The stipend is such a a meager it does not even cover our conveyance from office to home and home to office . But ICAI has till now neither set up a committee nor done any thing  . they not even want to think on this issue
What they did is to  increase fee and and  make  stringent rules
 
 
Let us think the reason for such a low stipend.

Reason 1                 
Since supply of article  is high – low stipend is  paid to them , as if one  article will go  the principal still have 5-6 in their hand.
Reason 2                 
Easy enrty and no exit  As per  ICAI rule a article can not take transfer (except in extreme case), so they are helpless and employer can exploite him/her.
Reason 3                 
Those who are rich can take dummy by paying handsome amount , all other are not rich and ICAI think  Rs. 1000-1250- 1500 is enough for them.
Reason 4                 
If a peon does not come to office, the staff will face problem but if  article does not come to office  - no ones matter as are still  three  or four to take his(peons) place. so one peon or low paid staff is equal to four article (in terms of salary paid )
Reason 5                 
Employer think thay have showed gracious kindness (ahasaan ) by providing articeship to a CA student,
Reason 6                 
And the last reason is ICAI is a regulated by members i.e.qualified CAs who hardly think about well being and benefit of of students.

 
Please give your view on this issue and add more reason ……………………
 
All CA student members are requested to join the following  committee, so  that we all in updated specially rearding ICAI and student related matters.
Regards………………………..!

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