Revised Rate of Stipend for Articled Assistants
In a latest move to serve the cause of our students, the Institute has decided with
immediate effect (i.e. 23 January 2015) to double the stipend rates for each of the year
payable to the articled assistants pursuing Chartered Accountancy Course.






A notification issued in this regard to revise the Regulation 48 of the Chartered
Accountants Regulations, 1988, is available on the website of the ICAI at the link
http://220.227.161.86/36524council25906-sas.pdf. The stipend rates so revised are as
follows:

 Classification of the normal         During the      During the    During the
 place of service of the articled     first year of   second        remaining
 assistant                            training        year of       period of
                                                      training      training






                 (1)                        (2)            (3)              (4)
 Cities/towns having a
 population of twenty lakhs and         Rs.2000/-      Rs.2500/-         Rs.3000/-
 above
 Cities/towns having a
 population of four lakhs and           Rs.1500/-      Rs.2000/-        Rs.2500/-
 above but less than twenty lakhs
 Cities/towns having a
 population of less than four           Rs.1000/-      Rs.1500/-        Rs.2000/-
 lakhs

This is brought to the knowledge of articled assistants and the principal for compliance
thereof.


                                                                       V. Sagar
13th February, 2015                                        Acting Secretary, ICAI