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Stipend

Heena ( CA Final student) (69 Points)

20 April 2011

Can anyone Provide me rate of Stipend

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Stipend to articled assistants

Stipend to articled assistants applicable on or after June 1, 2006

A person registered as an Articled 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:

Classification of the normal place of service of the articled assistants

Stipend payable per month during

		During the first year of training	During the second year of training	During the remaining period of training
1.	Cities / Towns having population of 20 lakhs and above	Rs.1000	Rs.1250	Rs.1500
2.	Cities / Towns having population of 4 lakhs and above but less than 20 lakhs	Rs.750	Rs.1000	Rs.1250
3.	Cities / Towns having population of less than 4 lakhs	Rs.500	Rs.750	Rs.1000

(Guest)

PAYMENT OF STIPEND TO ARTICLED ASSISTANTS

(Regulation 48 Manual)

Attached File : 5 stipend.pdf downloaded: 252 times

Anil Vasudevan (student) (48 Points)
Replied 23 April 2011

Originally posted by : Anil Gopinath

Sir..thats very old Rates..its been 4000 minimum for an IPCC Students(ranging upon Firms)

Acccording to our Institutes amendment its now starting anywhere from Rs 4000to Even 10,000(Big Firms).

Stipend to articled assistants

Stipend to articled assistants applicable on or after June 1, 2006

A person registered as an Articled 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:

Classification of the normal place of service of the articled assistants

Stipend payable per month during

During the first year of training

During the second year of training

During the remaining period of training

1.

Cities / Towns having population of 20 lakhs and above

Rs.1000

Rs.1250

Rs.1500

2.

Cities / Towns having population of 4 lakhs and above but less than 20 lakhs

Rs.750

Rs.1000

Rs.1250

3.

Cities / Towns having population of less than 4 lakhs

Rs.500

Rs.750

Rs.1000