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 ICA at the link http://220.227.161.86/36524council25906-sas.pdf.
The stipend rates so revised are as follows:
| Classification of the normal place of service of articled assistant | During the first year of training | During the second year of training | During the remaining period of training |
|---|---|---|---|
| (1) | (2) | (3) | (4) |
| Cities /Town having population of twenty lakhs and above | Rs. 2000/- | Rs. 2500/- | Rs. 3000/- |
| Cities /Town having population of four lakhs and above but less than twenty lakhs | Rs. 1500/- | Rs. 2000/- | Rs. 2500/- |
| Cities /Town having population less than four lakhs | Rs. 1000/- | Rs. 1500/- | Rs. 2000/- |