Please help!!! regarding stipend

HII FRIENDS. I HAVE A SMALL QUERY.

AT LEAST HOW MANY MONTHS' CHEQUES SHOULD BE RECEIVED BY AN ARTICLE IN HIS BANK ACCOUNT AS STIPEND FROM HIS PRINCIPAL??

I THINK 36 MONTHS CHEQUES, BECAUSE AN ARTICLE HAS TO WORK FOR 42 MONTHS AS ARTICLESHIP TRAINING, OUT OF WHICH 6 MONTHS (180DAYS) ARE ALLOWED BY ICAI FOR LEAVES.

PLEASE HELP. THANK YOU ^_^

Replies (3)

Mr.Varun, any article eligeble for stipend for working period only, i.e. not eligeble for the leave period.

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Nope , Exam leave is paid leave . you are entitled for 42 months stipend . Only for excess leave stipend may not be paid ..

again subject to your firm's policy

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