Revised Stipend Rate for Articled Assistants w.e.f. January 23, 2015

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

The stipend rates so revised are as follows:

Classification of the normal place of service of articled assistantDuring the first year of trainingDuring the second year of trainingDuring the remaining period of training
Cities /Town having population of twenty lakhs and aboveRs. 2000/-Rs. 2500/-Rs. 3000/-
Cities /Town having population of four lakhs and above but less than twenty lakhsRs. 1500/-Rs. 2000/-Rs. 2500/-
Cities /Town having population less than four lakhsRs. 1000/-Rs. 1500/-Rs. 2000/-