Harihar Mandal (CA) (504 Points)
01 April 2010hello to all, I have just completed my IPCC exam on nov 2009 and now working with a ca firm. They are giving me Rs.1000 as stipend. I have completed my graduation from rajdhani college(DU) and working for just a small amount is making me so tense, so anyone is there who can help me regarding this
thanks in advance
Mohan Verma
(Assistant Manager - Finance & Accounts)
(4328 Points)
Replied 01 April 2010
Stipend for articled assistant in the city:
During the first year Rs. 1000 p.m.
During the 2nd year Rs. 1250 p.m.
During the 3rd year Rs. 1500 p.m.
Raj Saxena (1412th Tiger)
(Struggling Student)
(272 Points)
Replied 01 April 2010
| Originally posted by : MOHAN VERMA | ||
 |
Stipend for articled assistant in the city: During the first year Rs. 1000 p.m. During the 2nd year Rs. 1250 p.m. During the 3rd year Rs. 1500 p.m. |
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Pratik Agarwalla
(STUDENT)
(99 Points)
Replied 01 April 2010
MINIMUM Stipend for articled assistant in the city:
During the first year Rs. 1000 p.m.
During the 2nd year Rs. 1250 p.m.
During the 3rd year Rs. 1500 p.m.
HOWEVER THEY CAN PAY MORE DEPENDING ON THE SIZE OF THE FIRM AND UR CAPABILITIES. LIKE BIG FIRMS PAY MINIMUM 3OOO IN 1ST YR ITSELF....
Harihar Mandal
(CA)
(504 Points)
Replied 01 April 2010
thanks for replying, but actualy i want to know is there any way to increase my stipend
Pratik Agarwalla
(STUDENT)
(99 Points)
Replied 01 April 2010
ITS UPTO YOUR PRINCIPAL TO INCREASE YOUR STIPEND........I CAN UNDERSTAND JUST EARNING 1000 FOR WORKING FULL MONTH IS LESS. BUT BASICALLY THE OBJECTIVE OF ARTICLESHIP IS LEARN WORK. SO TARGET LONG TERM GOALS . BIG FIRMS MAY PAY YOU MORE BUT IN RETURN YOU HAVE TO GIVE A LOT OF TIME TO THEM AND YOU MAY HAMPER YOUR STUDIES. YOU WORK HARD WITH FULL DEDICATION IT MIGHT IMPRESS YOUR PRINCIPAL AND HE MAY INCREASE YOUR STIPEND.
Prasanth Nair V
(ACA,ACS,CWA Final,Mcom)
(557 Points)
Replied 01 April 2010
Ask for a pay hike to your Principal... Thats the only Way...
CA Devender Chauhan
(Group Financial Accountant)
(1526 Points)
Replied 01 April 2010
only ur principle can increase your stipent
but honestly i think he will not gonna to do this
because he is getting an employee less than wat he pays to his peon
this is the common problem faced by all of us
but till yet no remedy
CA Ayush Agarwal
(Kolkata-Pune-Mumbai)
(27186 Points)
Replied 01 April 2010
Kaushik Vankadkar
(Service)
(350 Points)
Replied 01 April 2010
Gita Iyer
(Specialist)
(135 Points)
Replied 01 April 2010
dats y v cal it as 3 1/2 year as hell years!!!!
1 way out....ask ur principal to increase ur stipend......
if he is kind enough den he'll do dat!!!
Vikram M.
(Unemployed)
(504 Points)
Replied 01 April 2010
Believe me it's much better to get a small stipend. It's easier to take things a little easy when you're working for free. There will be no perceived obligation towards your boss and no guilt.
CA SHUBHAM Mittal
(CA )
(441 Points)
Replied 02 April 2010
I m in Final and in 3rd year of my articleship and not getting a single Rupee as a stipend.....................
Raghunath Prasad
(WORKING)
(385 Points)
Replied 03 December 2010
there is no problam in increase in stifund but you take more stifund than u have no time for study
Ajay Mishra
(Company Secretary)
(74337 Points)
Replied 04 December 2010
Dear Harihar.....
Articleship Training
A student has to undergo articled training for the period of three years along with theoretical education. The entire period of practical training can be served with a practising member or it can be served partly with a practising member and partly in an approved industrial establishment as an Industrial Trainee. The period of such industrial training may range between 9–12 months during the last year of the prescribed period of practical training. Only students of Final Chartered Accountancy Course are eligible for Industrial training. 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, are as follows:
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Classification of the normal place of
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Stipend payable per month to articled assistant
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During the first year of training
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During the second year of training
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During the remaining period of training
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1. Cities/Towns having population of 20 lakhs and above
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Rs. 1000
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Rs. 1250
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Rs. 1500
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2. Cities/Towns having population of 4 lakhs and above but less than 20 lakhs
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Rs. 750
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Rs. 1000
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Rs. 1250
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3. Cities/Towns having population of less than 4 lakhs
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Rs. 500
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Rs. 750
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Rs. 1000
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CAclubindia
