Every Principal engaging an articled trainee shall pay to such a trainee every month a minimum monthly stipend at the specified rates. A person registered as an articled assistant 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.
A person registered as an audit trainee is paid a monthly remuneration as specified in clause (5) of Regulation 68.