How much do CA earn during Articleship?
How much do C A ARTICLESHIP employees make? Employees who graduate from C A ARTICLESHIP earn an average of ₹12lakhs, mostly ranging from ₹12lakhs per year to ₹12lakhs per year based on 1 profiles. The top 10\% of employees earn more than ₹12lakhs per year.
What is the minimum stipend for CA article?
Minimum Articleship Stipend as per ICAI
Classification of the Normal Place of Work of the Articled Assistant | During the 1st year of Training |
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i. Cities/ Towns having a population of 20 Lakhs & above | Rs. 2,000/- |
ii. Cities/ Towns having a population of more than 4 Lakhs but less than 20 Lakhs | Rs. 1,500/- |
What is the articleship stipend paid to ca articles in metro cities?
Although the minimum articleship stipend is fixed by ICAI, there is no maximum limit and a CA is free to pay any amount as stipend to his articled assistant. Usually, it is the Big 4 CA Firms which pay the highest stipend to ca articles. The approx average articleship stipend paid by the Big 4’s to CA Articles in Metro Cities is as follows
How can a CA pay stipend to an articled assistant?
By depositing the amount every month in the account opened by the articled assistant in his own name with a branch of the bank to be specified by the CA. Although the minimum articleship stipend is fixed by ICAI, there is no maximum limit and a CA is free to pay any amount as stipend to his articled assistant.
Did ICAI increase the CA articleship stipend in 2015?
CA Articleship stipend revised rates or increased rates in tabular form applicable from 2015. ICAI increased/doubled the CA Articleship stipend rates than previous rates.
What is stipend for articleship?
The above stated stipend is the monthly articleship stipend which is required to be paid every month in the 1st, 2nd & 3rd year of Articleship In case of Articleship Transfer, the period served under the previous employer would also be taken into account for the payment of stipend.