Stipend Rates Revised by ICAI for Articled Assistants

Revised Rates of Stipend to Articled Assistants: Regulation 48 of CA Regulations 1988 amended by ICAI

The ICAI vide Notification dt. 23 Jan 2015 has revised the Stipend Rates for Articled Assistants, payable based on category of place of service of the Articled Assistant, as under:

Stipend Rates based on Classification of Cities/ Towns for respective years of Training

(i) Cities/towns having a population of twenty lakhs and above

First Year of Training @ Rs. 2,000/-pm

Second Year of Training @ Rs. 2,500/-pm

Remaining period of Training @ Rs. 3,000/-pm

(ii) Cities/towns having a population of four lakhs and above but less than twenty lakhs

First Year of Training @ Rs. 1,500/-pm

Second Year of Training @ Rs. 2,000/-pm

Remaining period of Training @ Rs. 2,500/-pm

(iii) Cities/towns having a population of less than four lakhs

First Year of Training @ Rs. 1,000/-pm

Second Year of Training @ Rs. 1,500/-pm

Remaining period of Training @ Rs. 2,000/-pm

Please visit ICAI website for official/ updated information.

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