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plz help

divya (ca final) (45 Points)

15 November 2007

i should refund excess stipend to my principal
Can anyone plz say me the minimum stipend during articles of 3years

please reply soon

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7 Replies

Pandiri Ramu (Business Analyst) (613 Points)
Replied 16 November 2007

THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA New Delhi, dated 6th June, 2006 N O T I F I C A T I O N No.1-CA(7)/84/2005.– Whereas certain draft amendments further to amend the Chartered Accountants Regulations, 1988, were published by the Council of the Institute of Chartered Accountants of India, as required by sub-section (3) of section 30 of the Chartered Accountants Act, 1949 (38 of 1949) in the Gazette of India, Part III, section 4, dated the 11th June, 2005 under the notification of the Institute of Chartered Accountants of India No.1-CA(7)/84/2005 dated 1st June, 2005, at pages 1661 – 1663; And whereas objections and suggestions were invited before the expiry of a period of forty-five days from the date on which the copies of the said Gazette were made available to the public; And whereas the said Gazette was made available to the public on 28th June, 2005; And whereas the objection and suggestion received from the public on the said draft amendment has been considered by the Council of the Institute of Chartered Accountants of India and approved by the Central Government; Now, therefore, in exercise of the powers conferred by sub-section (1) of section 30 of the said Act, the Council, with the approval of the Central Government, hereby makes the following amendments in the Chartered Accountants Regulations, 1988, namely :- 1. (1) These regulations may be called the Chartered Accountants (Amendment) Regulations, 2006. (2) They shall come into force on the date of their publication in the official Gazette. 2. In the Chartered Accountants Regulations, 1988, - in regulation 48, for sub-regulation (1), the following shall be substituted, namely :- “(1)(a) Every principal engaging an articled clerk, who has passed the Professional Education (Examination – II) and has also successfully completed computer training programme as specified under sub-clause (iii) of clause (b) of regulation 45, shall pay to such clerk every month a minimum monthly stipend at the rates specified in the Table I below depending on where the normal place of service of the articled clerk is situated :- Table I Classification of the normal place of service of the articled clerk (1) During the first year of training (2) During the second year of training (3) During the remaining period of training (4)

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Pandiri Ramu (Business Analyst) (613 Points)
Replied 16 November 2007

1st 1000/- 2nd 1250/- 3rd 1500/- its applicable to 20 laks above population cities

divya (ca final) (45 Points)
Replied 16 November 2007

hi Ramu thanks for ur reply can u plz say whether i am eligible for full stipendl(or)stipend in proportion to no. of days i was present

Pandiri Ramu (Business Analyst) (613 Points)
Replied 16 November 2007

May i know why ur return the amount to your CA even if ur on leave u can get stiprned fully

KAAPIL (COACHING ) (11717 Points)
Replied 16 November 2007

Thnaks Ramu.

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(Guest)

hi ramu i need to return the excess stipend to my firm because i am taking termination and one more condition my sir kept is i need to get a letter from my new principal that i am joining there after getting terminated but my new principal is not ready to give any letter ,he is saying that he is not under any obligation to give the letter to my old principal plz say me how can i get termination