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ICAI to increase stipend for CA Articles- Said by CA Jayesh Shah

09 July 2012 | Monday

Vadodara: A minimum stipend offered to the CA aspirants doing articleship at CA firms will be hiked by 2.5 times to 3 times, president of the Institute of Chartered Accountants of India(ICAI) Jayesh Shah announced here.

Talking to newsmen on the sidelines of a conference of CA students, Shah said the amount of stipend varies and depends upon areas fixed by the ICAI like an urban or semi-urban etc.

A CA aspirant has to compulsorily undergo three and half years of articleship and get trained at CA firms after clearing first of the two Integrated Professional Competence Course (IPCC) groups.

He said if someone is getting a stipend of Rs 1,000 per month would now get between Rs 2500 and Rs 3,000. He also said that the ICAI has made large investments over the years for different initiatives. Shah claimed that it is still much less costly to do a CA course compared to other professional courses in India.

Welcoming the ICAI move to increase the stipend, an office bearer of local chapter of ICAI, M J Parsiya said, “It is a welcome step and will act as morale booster for many as stipend hike will come handy in planning their monthly expenses.”

“Stipend amount depends on the population of the city, size of the CA firm and its ability to pay the CA aspirants under articleship,” he said.

About CA Dushyant Kumar (Maddy)

CA Dushyant Kumar (Author) CA Dushyant is Author and Founder of Carocks. He is a Technology Enthusiast and by profession he is a Chartered Accountant. Loves playing with electronic gadgets and believes in Simple Living. You can reach him at dushyantkumar@hotmail.co.uk | dushkumar2009@icai.org

Discussion

44 thoughts on “ICAI to increase stipend for CA Articles- Said by CA Jayesh Shah

  1. I THINK THAT THIS IS THE MOST CONTROVERSIAL ISSUE AND SO ICAI SHOULD THINK ABOUT IT.SERIOUSLY ITS DIFFICULT TO SURVIVE IN A CITY LIKE MUMBAI WITH SUCH A LITTLE AMOUNT OF STIPEND AND IT IS TOO LESS IN FRONT OF THE EFFORTS TAKEN BY THE STUDENTS TO REACH UPTO THIS LEVEL. SO ICAI SHOULD SERIOUSLY TAKE SOME EFFECTIVE MEASURES TO OVERCOME THIS ISSUE……..!!!!!!!!!!!!!!!!!

    Posted by HEMA MAMGAI | August 25, 2013, 11:11 PM
  2. The minimum stipend in the 1st year must be between 4000 to 5000.the standard of living is geting higher, we should get higher stipend.

    Posted by mehul | August 3, 2013, 6:23 AM
  3. SIR NOW I JOINED IN ARTICLE FROM THE MONTH OF APRIL BUT THE PROBLEM IS TIME OF 3 YEARS DEGREE(B.COM) COMPLETED IN THIS MARCH BUT I WROTE 2ND YEAR ONLY 3RD YEAR EXAMS STILL TO WRITE IN NEXT YEAR IS THERE ANY PROBLEM FOR ARTICLES

    Posted by KARTHIK | April 3, 2013, 5:12 PM
  4. Hi sir,i m belong to very poor family,presently i m doing articleship in ambala .my parents are not able to pay my personal exps,so i request u to please increse the amt of stepend,

    Posted by rajan gupta | March 29, 2013, 4:47 PM
  5. humble request -please increase stipend and apply it to all c.a. Firms as soon as possible

    Posted by mayur kulkarni | March 7, 2013, 9:37 PM
  6. Bda do yar STIPEND, atleast 5K to krdo. Shrm nh aati hme bolne me. Puchne walle also shokd, tere se acha to me hu BCA, MBA krke 20k. Bhavnao ko smjo

    Posted by DHARMENDRA NEGI | March 4, 2013, 1:12 PM
  7. is it applicable now in Ca-Firms

    Posted by Rajender Kumar | March 3, 2013, 2:07 PM
  8. kya stipend increase hua hai???

    Posted by Nishu Agarwal | February 16, 2013, 11:43 AM
  9. no increase till now but said on 09-07-2012

    Posted by dharanidhar | January 21, 2013, 12:59 PM
  10. Hai, sir we are from poor family we want to study ca with direct entry scheme my father is arranged the money but atleast our personal expences how can we arranged it these type stipend we cant help ourself please try to understand our problems and try to increse it 3000rs/-

    Posted by adithyaram | January 19, 2013, 5:04 PM
  11. kam……y pan ki bhi had hoti hy yar….jab tak applicable hoga tabtak hamare bacchhe bhi graduate ban jayenge… ye ka…ny khali apne bareme sochtey hy.. bat bat pe fees chahiye … aur cheap cours cheap cours ka nara lagate hy….. yar hm bhukhe mar rahe hy.. 23 sal k umar mey agar 1000 rs. kamayenge to pet kyse bharega…. sal…y full time kam karwate hy aour payse k time hat upar…. bin pyse k labour hy hm.. agar koi hmare bareme sochta to itna time nhi lagta.. hme bhi ab koi bhagat singh, netaji subhash chahiye…..

    Posted by unanims | January 15, 2013, 9:40 AM
  12. who will give this stifend to ca articles icai or ca himself kaun apni pocket se deta hai

    Posted by rajat | January 11, 2013, 12:15 PM
  13. ye ca bahut chaalal hote h bachha samaj kar 1000 rs me fusla te h . saale ma**r**od

    Posted by Ashish Singh | December 7, 2012, 11:31 PM
  14. please increase the stipend ………

    Posted by Nagesh S Talwar | October 17, 2012, 5:37 PM
  15. it should be at least 3000

    Posted by Prabhu M. D | October 12, 2012, 8:54 PM
  16. friends its not 1000.. we r taking 750 here.. instute has to think about it…. there so many student leaving apart from the family they cant able have full meals.. its 35 rs per meals….

    Posted by Prabhu M. D | October 12, 2012, 8:51 PM
    • Exactly,where in the cities like mumbai at least daily Rs 100 is incurred on food moreover the rent flats and other misc expense almost kill

      [/b]stipend should be around 5K to 6k………[/b]

      Posted by Anon | November 28, 2012, 10:00 AM
  17. how many time increase stiped

    Posted by vivek kumar | September 6, 2012, 10:47 AM
  18. it should be increase….for appreciation of articles

    Posted by kavish jain | August 4, 2012, 7:47 PM
  19. I DONT KNOW WHY INSTITUTE IS MAKING DELAY IN INCREASING STIPEND FOR CA STUDENTS.

    Posted by sachin agrawal | July 23, 2012, 7:07 PM
  20. It’s a good initiative for all the atricles O.P. Verma

    Posted by Om Prakash Verma | July 17, 2012, 5:11 PM
  21. please increase the stipend atleast two times..

    Posted by ayush | July 17, 2012, 2:05 PM
  22. FROM WHEN WILL IT B APPLICABLE & WILL IT B APPLICABLE TO EXISTING ARTICLE ASSISTANTS

    Posted by rahul roy | July 16, 2012, 12:52 PM
  23. abe kab se bol rahe hai ,
    stipend double ho jayega .wo bhi nahi hua abhi tak .
    Because ICAI only think of their members ,
    students to bas fees dene ke liye hote hai.

    Posted by mohit | July 15, 2012, 11:42 AM
  24. sir ye toh batao…….inforce kb se hoga ye badha hua stipend….@

    Posted by arvind kumar | July 13, 2012, 8:40 PM
  25. When new stipend rate will be applicable?

    Posted by Raushan jha | July 11, 2012, 3:50 PM
  26. when it will be applicable?

    Posted by vipin kumar | July 11, 2012, 2:03 PM
  27. will it applacable for existing articals also.

    Posted by poras deokar | July 11, 2012, 1:16 PM
  28. sir, but there is no news on icai.org about stipend…… & havnt any official announcement

    Posted by Gaurav Verma | July 10, 2012, 10:33 PM
  29. dude, ICAI president name is Jaydeep N Shah, not Jayesh Shah…..

    Posted by noor7300 | July 10, 2012, 7:57 PM
  30. gud proposal for articles

    Posted by govind | July 10, 2012, 12:00 PM
  31. what is a new slab rate of stipend after increment???

    Posted by manoj | July 9, 2012, 8:04 PM

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