And VARUN... i agree that a student should get more..
"BUT EVERY CA CAN'T AFFORD FOR PAYING RS. 240000 P.A. TO ITS ARTICLE ASSISTANTS"
[10 (minimum articles) x 2000 (Amount for article assistant) x 12 (months in a year]...
So, ICAI has made such a low amount of stipend... If a C.A is having lot of work and is taking more work from articles, that means he's earning well, and so can pay well too..
The Rs. 1250 is minimum amount, that means, a CA, if earns more, can pay more on his will,,...
ICAI does not deny any C.A to pay more than Rs. 1250, make this clear....
So, if any CA is earning well, and feels that he can afford more stipend expense, he's free to pay more... But who can't pay, for them ICAI mite have made such a less amount...
Now, if any CA is not paying more, though after earning.. Then, its not the ICAI, who's to blame....