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June 3, 2022

Know new Articleship Stipend as per Chartered Accountants (2nd Amendment) Regulations, 2022

by CA Shivam Jaiswal in Income Tax

Know new Articleship Stipend as per Chartered Accountants (2nd Amendment) Regulations, 2022

New Articleship Stipend

Classification of the Normal place of service of the articled assistantDuring the first year of trainingDuring the second year of trainingDuring the third year of training
(1)(2)(3)(4)
(i) Cities/Towns having population of twenty lakhs and aboveRs.4000/-Rs.5000/-Rs.6000/-
(ii) Cities/Towns having population of five lakhs and above but less than twenty lakhsRs.3000/-Rs.4000/-Rs.5000/-
(iii) Cities/Towns having a population of less than five lakhsRs.2000/-Rs.3000/-Rs.4000/-

Old Articleship Stipend

Classification of the Normal place of service of the articled assistantDuring the first year of trainingDuring the second year of trainingDuring the third year of training
(1)(2)(3)(4)
(i) Cities/Towns having population of twenty lakhs and aboveRs.2000/-Rs.2500/-Rs.3000/-
(ii) Cities/Towns having population of five lakhs and above but less than twenty lakhsRs.1500/-Rs.2000/-Rs.2500/-
(iii) Cities/Towns having a population of less than five lakhsRs. 1000/-Rs.1500/-Rs.2000/-

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