Hey can any one tell me how much leave allowed for pcc student in 3.5 years articleship???
sucheta
(cs inter and CA FINAL student)
(598 Points)
Replied 27 November 2010
for details on leave and allowable leaves as per institute visit this link https://220.227.161.86/14490student_manual_22.pdf
Ajay Mishra
(Company Secretary)
(74332 Points)
Replied 27 November 2010
Hi
Leave/Working hours for articled assistants
A trainee earns leave at the rate of one–sixth of the period actually served by him. An articled assistant shall work 35 hours per week. The articled assistant should undergo practical training in accordance with the guidelines of the Institute between 11.00 a.m. and 5.00 p.m. During the period, the articled assistant shall not be permitted to attend colleges/other institutions for graduation or any other course. Every articled/audit assistant shall submit, once in a year, a specific declaration duly countersigned by the Principal to the effect that he is regularly attending training and his college hours do not clash with his articles timings and that no coaching is undertaken by him between 11.00 a.m. and 5.00 p.m. on any working day.
The office hours of the principal for the articled assistants shall not be generally before 9.00 a.m. or after 7.00 p.m.
The normal working hours for the articled assistants shall not start after 11.00 a.m. or end before 5.00 p.m.
If the exigencies or nature of training so warrants, the articled assistant shall work beyond the normal office hours. However, the maximum working hours for the articled assistant should not exceed normally 35 hours in a week excluding the lunch break and in any case or circumstances should not exceed 45 hours per week. In case the articled assistant is required to work beyond 35 hours per week, he is entitled to compensatory leave calculated with reference to the number of completed hours worked over and above 35 hours per week. The principal shall ensure long working hours are not imposed on the article assistants on a regular basis and only in case of exceptional circumstances where time bound work is to be delivered the articled assistants may be required to work longer hours which will still be subject to a maximum of 45 hours per week. The principal shall be free to allow compensatory leave or off hours in lieu of extra working beyond 35 hours.
CA-CWA RAVI
(CA-CWA in industry)
(5464 Points)
Replied 27 November 2010
IT IS NOT 180 DAYS
if u want to knw how many days are available for leave during your articleship do one thing follow the undermentioned calculations
1. calculate total number of days of ur articleship For ex if u have 3 years articleship then it is 365*3=1095
2. calculate the total leaves already availed or likely to be availed. ( should be less then 180 days )
3. now total leaves allowable are = (1095 - leaves already taken)/ 6
it means that at the end of your articleship it shall be determined that wheter u have taken eligible leaves or not
and also if u have taken extra leaves your eligible leaves under step 2 shall be less
the above information is true as told to me by the Officials of Articles section new delhi
neha gupta
(ca )
(188 Points)
Replied 27 November 2010
simply its 1/6 of ur articlship period..
so its upto u hw u take it.its better to save some leaves for final also....
Tanveer Singh
(complicated)
(1248 Points)
Replied 27 November 2010
Originally posted by : neha gupta | ||
simply its 1/6 of ur articlship period.. so its upto u hw u take it.its better to save some leaves for final also.... |
CA Mudit Agarwal PGDFM,MCP,IFR
(Dy. Manager (Taxation))
(289 Points)
Replied 27 November 2010
MAXIMUM 180 DAYS LEAVE IS ALLOWED DURING ARTICLESHIP...........
FOR MORE DETAILS PLZ VISIT THE LINK BELOW:-----
tarandeep singh saluja
(CA FINAL)
(398 Points)
Replied 27 November 2010
it is 1/6th of the total time period served
CA. RUCHIKA GARG
(fresher)
(28 Points)
Replied 29 November 2010
See guys...for every 6 days u work, u get 1 leave. This means u get 1/7th of the working days in your articleship period as leave.
Supposing your 3.5 years training, you can assume about 310 working days in a year.
Therefore, your leaves come out to be= (310*3.5)/7= 155 days
I think every1 agrees with this.
Regards
prashant goyal
(CA-Final)
(100 Points)
Replied 30 November 2010
Total leave allowed to any article whether registered in PE-ii scheme or PCC Scheme is not mentioned by ICAI in days
"TOTAL LEAVE ALLOWED IS 1/7 OF TOTAL ARTICLESHIP PERIOD"
that means for
PE-II ARTICLE----- 3 years leave allowed= 154 days
PCC ARTICLE----- 3 years and 6 Month leave allowed = 180 days
prashant goyal
(CA-Final)
(100 Points)
Replied 30 November 2010
Ruchika, Neha and Tarandeep dont mind but you are wrong in calculating....
calculation done by me is supported by ICAI Student Manual...
i have personal experience becoz institute had extended my articleship for 14 days becoz of wrong calculation of leave period..hhhhh