The ICAI has proposed an increase in the minimum monthly stipend for CA articles and is seeking public suggestions before finalizing the regulations.
ICAI Invites Suggestions on Proposed Stipend Increase for CA Articles
The Institute of Chartered Accountants of India (ICAI) has proposed a revision of the minimum monthly stipend for CA articles and is seeking suggestions from the public within 30 days of the publication of the proposal in the Gazette. The proposed regulations aim to enhance the remuneration framework for aspiring chartered accountants undergoing their practical training.
This move is an acknowledgment of the challenges faced by CA articles and aims to better compensate their contributions during the training period. The ICAI's initiative is expected to motivate more students to consider the CA profession while also supporting the financial stability of current trainees.
Lawyers advising clients in the accounting and finance sector should monitor the proposal developments closely, as it could impact the broader landscape of CA training and remuneration.
Citations
- ICAI Notification (2026) No. 1448583
