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