Stipend to articled assistants applicable on or after June 1, 2006
A person registered as an Articled is entitled to receive a minimum monthly stipend as per the rates specified under the Chartered Accountants Regulations, from time to time. The current minimum rates of monthly stipend payable, depending on the situation of the normal place of services of the articled assistants, are as follows:
Classification of the normal place of service of the articled assistants
Stipend payable per month during
During the first year of training
During the second year of training
During the remaining period of training
1.
Cities / Towns having population of 20 lakhs and above
Rs.1000
Rs.1250
Rs.1500
2.
Cities / Towns having population of 4 lakhs and above but less than 20 lakhs
Rs.750
Rs.1000
Rs.1250
3.
Cities / Towns having population of less than 4 lakhs
Sir..thats very old Rates..its been 4000 minimum for an IPCC Students(ranging upon Firms)
Acccording to our Institutes amendment its now starting anywhere from Rs 4000to Even 10,000(Big Firms).
Stipend to articled assistants
Stipend to articled assistants applicable on or after June 1, 2006
A person registered as an Articled is entitled to receive a minimum monthly stipend as per the rates specified under the Chartered Accountants Regulations, from time to time. The current minimum rates of monthly stipend payable, depending on the situation of the normal place of services of the articled assistants, are as follows:
Classification of the normal place of service of the articled assistants
Stipend payable per month during
During the first year of training
During the second year of training
During the remaining period of training
1.
Cities / Towns having population of 20 lakhs and above
Rs.1000
Rs.1250
Rs.1500
2.
Cities / Towns having population of 4 lakhs and above but less than 20 lakhs
Rs.750
Rs.1000
Rs.1250
3.
Cities / Towns having population of less than 4 lakhs
Rs.500
Rs.750
Rs.1000
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