Gud evening. I want to know about current rate of stipend of a CA article.
Hi friend, The ICAI, as it revises its sylabus from time to time. Similarly it also revises its stipend structure payable to article assistant who joins articleship training after being eligible. ICAI has revised the minimim stipend for each of the year payable to the articled assistants pursuing Chartered Accountancy course by notifying circular dated the 23rd January, 2015. 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 giving prospective effect. The stipend rates so revised are as follows: If a student is doing articleship in a town with population more than 20 lakh a. First year - Rs 2000/- b. Second year - Rs 2500/- c. Third year - Rs 3000/- If a student is doing articleship in a town with population less than 20 lakh but more than 4 lakhs a. First year - Rs 1500/- b. Second year - Rs 2000/- c. Third year - Rs 2500/- If a student is doing articleship in a town with population less than 4 lakhs a. First year - Rs 1000/- b. Second year - Rs 1500/- c. Third year - Rs 2000/- Kindly note the above stipend is the minimum stipnend payable rate. Employers cannot pay stipend less than the above stated.
Hello, The stipend rate given to the article during there articleship is specified by the Institute which is a minimum rate and even CA can pay to there article higher amount but not lower than specifeid by it. However the Institute has revised the Stipend amount. New stipend is as follows Cities having population less than 4 lakh : 1st year - Rs.1000 2nd year -Rs.1500 3rd year- Rs.2000 Cities having population 4 lakh & above & less than 20 lakh : 1st year -Rs.1500 2nd year-Rs.2000 3rd year-Rs.2500 Cities having population 20 lakh & above : 1st year - Rs.2000 2nd year -Rs.2500 3rd year- Rs.3000 These new rate is official announced on 23/01/2015. Hope you get your answer
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
Hello Dear, Your question is about the CURRENT RATE OF STIPEND WHICH HAS INSTITUTE OF CHARTERED ACCOUNTANT OF INDIA (ICAI) has prescribed Minimum Stipend rate for ca students who are pursuing the Article ship as per regulations of Chartered accountant act 1949. Icai specified the stipend rate as per POPULATION HAS IN CITY OR TOWN. this are as follow: #CITY / TOWN HAVING POPULATION 20 LAKHS OR MORE during 1 year Rs.2000/- per month during 2 year Rs.2500/-per month during 3 year Rs.3000/- per month #City /TOWN HAVING POPULATION 4 LACKS OR MORE BUT LESS THAN 20 LACKS during the1year Rs.1500/- per month during the 2 year Rs.2000/-per month during the 3 year Rs.2500/- per month # CITY /TOWN HAVING POPULATION LESS THAN 4 LACKS during the 1 year Rs.1000/- per month during the 2 year Rs.1500/- per month during the 3year Rs.2000/- per month.
As per icai minimum stipend is categorised as follows: Cities or town population 20 lacs or more 1000,1250,1500 for first second and third year respectively. If population having 4 lac and above but less than 20 lac than 750,1000,1250. If population less than 4 lacs than 500,750,1000. per koi ca stifund nhi deta koi ek aat hi ca aacha hota h jo stifund deta h
Hello, Classification of the normal place of service of the articled assistant stipened is as follow in 1st, 2nd & 3rd year respectively: **Cities/towns having a population of twenty lakhs and above** Rs.2000/- Rs.2500/- Rs.3000/- **Cities/towns having a population of four lakhs and above but less than twenty lakhs** Rs.1500/- Rs.2000/- Rs.2500/- **Cities/towns having a population of less than four lakhs** Rs.1000/- Rs.1500/- Rs.2000/- **You can check ICAI Notification on http://184.108.40.206/36524council25906-sas.pdf.**
As per icai minimum stipend is categorised as follows: Cities or town population 20 lacs or more 1000,1250,1500 for first second and third year respectively. If population having 4 lac and above but less than 20 lac than 750,1000,1250. If population less than 4 lacs than 500,750,1000.