The Institute of Chartered Accountants of India vide Notification dated 23rd January, 2015, revised the minimum stipend amount to be paid by the Principal to Article Assistants during their tenure of articleship training. The revised minimum Stipend rates per month is as follows
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Classification of the normal place of service of the articled assistant
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During the first year of training
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During the second year of training
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During the remaining period of training
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(1)
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(2)
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(3)
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(4)
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(i) Cities/towns having apopulation of twenty lakhs and above.
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Rs. 2000/-
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Rs. 2500/-
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Rs. 3000/-
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(ii) Cities/towns having a population of four lakhs and above but less than twenty lakhs.
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Rs. 1500/-
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Rs. 2000/-
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Rs. 2500/-
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(iii) Cities/towns having a population of less than four lakhs.
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Rs. 1000/-
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Rs. 1500/-
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Rs. 2000/-
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Click Here to read full Notification issued by ICAI
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