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| « Professional Updates » |
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| « Guidance Note on Accounting for Rate Regulated Activities... | Committee on Management Accounting is organizing 2 CPE Hours... » |
Revised Rate of Stipend for Articled Assistants. |
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| February, 17th 2015 |
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
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