Finally Stipend Doubled for CA Articled Assistants – ICAI Announcement

Dear Students, Finally Stipend Doubled for CA Articled Assistants By ICAI.  Now Stipend payable to CA students raised. ICAI Increase in article stipend income From 23 January 2015. now you can scroll down below and see Details for – ICAI doubles stipend of CA students / Article Assistants

Students have been one of the topmost priorities of ICAI with a vision for sustained and future-oriented growth of our profession. In a latest move to serve the cause of our students, the Institute has decided with immediate effect (i.e. 23 January 2015) to double the stipend rates for each of the year payable to the articled assistants pursuing Chartered Accountancy course. A notification issued in this regard to revise the Regulation 48 of the Chartered Accountants Regulations, 1988, is available on the website of the ICAI at the link http://220.227.161.86/36524council25906-sas.pdf. The stipend rates so revised are as follows:

Classification of the normal place of service of the articled assistantfirst year of trainingsecond yearRemaining period of training
(1) (2)(3)(4)
Cities/towns having a population of twenty lakhs and aboveRs.2000/-Rs.2500/Rs.3000/-
Cities/towns having a population of four lakhs and above but less than twenty lakhsRs.1500/-Rs.2000/-Rs.2500/-
Cities/towns having a population of less than four lakhsRs.1000/-Rs.1500/-Rs.2000/-

I appeal all of you to bring the above notification to the knowledge of your principal and get benefited.