Will a CA student get stipend during practical training? If so, how much?
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The stipend rates so revised are as follows:
If a student is doing articleship in a town with population more than 20 lakh
a. First year - Rs 2000/-
b. Second year - Rs 2500/-
c. Third year - Rs 3000/-
If a student is doing articleship in a town with population less than 20 lakh but more than 4 lakhs
a. First year - Rs 1500/-
b. Second year - Rs 2000/-
c. Third year - Rs 2500/-
If a student is doing articleship in a town with population less than 4 lakhs
a. First year - Rs 1000/-
b. Second year - Rs 1500/-
c. Third year - Rs 2000/-
Yes Shiv .. CA students do receive stipend during their articleship..
As already some of the friends above have given you Institute norms, but practically many firms pay differently..
Many firms in big Cities will pay you atleast 5000 per month, so that you can at least meet out some of your personal expenses.
Hi Shiv,
The ICAI, as it revises its sylabus from time to time. Similarly it also revises its stipend structure payable to article assistant who joins articleship training after being eligible.
ICAI has revised the minimim stipend for each of the year payable to the articled assistants pursuing Chartered Accountancy course by notifying **circular dated the 23rd January, 2015.**
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 giving prospective effect.
**The stipend rates so revised are as follows:**
**If a student is doing articleship in a town with population more than 20 lakh**
a. First year - Rs 2000/-
b. Second year - Rs 2500/-
c. Third year - Rs 3000/-
**If a student is doing articleship in a town with population less than 20 lakh but more than 4 lakhs**
a. First year - Rs 1500/-
b. Second year - Rs 2000/-
c. Third year - Rs 2500/-
**If a student is doing articleship in a town with population less than 4 lakhs**
a. First year - Rs 1000/-
b. Second year - Rs 1500/-
c. Third year - Rs 2000/-
**Kindly note the above stipend is the minimum stipnend payable rate. Employers cannot pay stipend less than the above stated.**
Hi,
Yes every ca student will get stipend during articleship according to the norms and regulations laid by the Institute of Chartered Accountants of India.
Thank You
Yes, a CA student who does an Articled Training will get stipend. The rate of stipend is as below.
1. If a student is doing articleship in a town with population more than 20 lakh
a. First year - Rs 1000/-
b. Second year - Rs 1250/-
c. Third year - Rs 1500/-
2. If a student is doing articleship in a town with population less than 20 lakh but more than 4 lakhs
a. First year - Rs 750/-
b. Second year - Rs 1050/-
c. Third year - Rs 1250/-
3. If a student is doing articleship in a town with population less than 4 lakhs
a. First year - Rs 500/-
b. Second year - Rs 750/-
c. Third year - Rs 1000/-