Should Stipend be increase or not ?????

Certainly should increase.

Hi Guys

My view on this is not exactly student friendly. I find it a bit amusing to note that your food and telephone (????) expenses are supposed to be taken care of by the auditor's office... What is supposed to be done by yourself or your parents cannot be shifted to somebody else. Why on earth should somebody pay the articled clerk, if he or she can find a commerce grad who'll work throughout the year, without any examination leave every six months, for the same money? What about the learning part?

Stipend is a facilitator, and not the a remuneration. If articled clerks themselves are considering as cheap labour, it is a sorry state of affairs at the students front. What about the knowledge you get? What do you pay for that? Its in fact funny to note that lots of students are willing to spend thousands on coaching classes, which they won't attend fully, or spend high on outings and dinners, where they find no value, but end of raising the issue of stipends time in and time out, stating that underpaid......

Having said that, most of the audit firms in the metros definitely pay far more than the institute's recommendations. Average stipend to the IPCC passout at Chennai ranges between 4k to 7.5k.

What is also true is that some auditors offices do treat articled clerks shabbily. But I would request the student friends to be a bit more thoughtful about this subject. Focus on the learning at this age and stage, rather than on what auditor is paying or not. If he doesn't pay what is due, revolt, raise the issue upfront, rather than ruminating in public forums.

Rineesh

Yes there is need to INCREASE STIPEND......who who saying articeship rate is good enough r those who already finished CA n  its like ragging taken by seniors n when  juniors became seniors they take ragging...so members who already worked like LABOURS r no mood to enhance STIPEND........thats why people take DUMMY n work in BPO/KPO to earn more...at least STIPEND should be equal to other PAID ASSISTANTS......also thats why MBA is more popular than CA......why companies don't consider articleship as WORK EX?there r many FLAWS in CA COURSE......it is said to see presidents like AJC who takes the pass % to the lowest n taken no steps to to more CA more worthy.....................its time ICAI change before its too late........

i do agreee.................................. stiphend should be increased.......

yes stipend should be increased  

obviosuly stipend should be increase

instead of 1,000-1,250-1,500

it should be atleast 2,500-3,000-3,500

This will atleast enable them to make for their own education expense

ofcourse stipned should be increase ......ICAI should take the action regarding this matter.....

VERY VERY IMPORTANAT NOTE:

IT IS THE LOWEST COST FOR THE PRINCIPAL AS WELL AS FOR CLIENT SO ARTICLE DOES NOT GET GOOD RESPONSE. I KNOW THERE IS MANY OTHER REASON ALSO BUT NO ONE CAN IGNORE THIS FACTOR.

Dear all,

My employer paid stiphend amounting to Rs.7000/- p.m

now when i m changing the firm he asked me to refund the excess stipend paid to me

according to ICAI they say "MINIMUM STIPEND" then why shall i remit back the excess amount??