Why dont icai scrap this whole system of stipend ?

Hi Friends,

The articles under the CA course are required to be paid stipend in the range of Rs. 500-1500. How many of you think this is sufficient ?

I know, now members are going to say articles are not serious and regular to office..so what about the articles who work for the office regularly along with their studies, workout all the compliances for them..

Some members will say they are there in the firms to learn..okay, agreed..but then why this minimum joke of 500-1500 is there in the system ? Why dont they scrap this minimum joke of 500-1500 ? Its a shame when someone asks about do u get anything ? If we say nil, it is ok.. but telling 500-1500 is something which lets the head down.

Some will say all the 3 years from articles are not productive..all right, agreed ..2nd and 3rd year articles know much better and work more efficiently, and moreover good stipend could serve as a good motivator.

Its a request to ICAI to stop this minimum stipend requirement. It is bringing disgrace and disrepute to the profession.

" Nil " stipend will be a better situation and will be more graceful.

Please express your views.