CA Students Stipend Rate Increased to Rs. 2000-3000

ICAI today on 23rd of January, 2015 has increased the stipend rate given by Chartered Accountants to their CA students from Rs. 1000 to Rs. 2000 in First Year and from Rs. 1500 to Rs. 3000 in last year. The notification was must awaited as the earlier stipend rates were very low and most of the Student demanded higher rates due to Increase of their Cost of Travel and Other Expenses.
ICAI training has been a very crucial process in the CA Students life. The Institute has always tried to revamp its training and course to make it suitable for today's Global Environment. The increase of stipend was necessary during the ICAI training period so that the students belonging to Low income group can use the money to pay for their traveling and other expenses during the training period.