Stipend for CA Articleship

Stipend amount depends upon the city and firm, however ICAI also set his minimum requirement of Stipend for students

(1) Every principal engaging an articled assistant or assistants, under Regulation 43 shall pay every month to such assistant a minimum monthly stipend at the rates specified in the table below:

Table
Classification of the normal place of service of the articled assistant Stipend Payable per month
During the first year of training During the second year of training During the remaining period of training
Cities/Towns having population of 20 lakhs and above Rs 2,000 Rs 2,500 Rs 3,000
Cities/Towns having population of 4 lakhs and above but less than 20 lakhs Rs 1,500 Rs 2,000 Rs 2,500
Cities/Towns having a population of less than 4 lakhs Rs 1,000 Rs 1,500 Rs 2,000