Institute Of Cost Accountants Of India Revises Minimum Stipend for the Practical Training from Corporate/Organization effective from 1st October, 2018 onwards vide Circular Ref. No.: DOS/8/09/2018-19 September 10, 2018
Revision in Minimum Stipend for the Practical Training from Corporate/Organization
As approved by the Council in its 313th Meeting held on 21/7/2018, it is notified that suggested minimum stipend for the Practical Training Students be increased as follows:
| Employer | 1st year | 2nd year | 3rd year |
| Corporate/ Organization | Rs. 8,000*/
Rs. 1o,000** |
Rs. 10,000*/
Rs. 12,500** |
Rs. 12,000*/
Rs. 15,00o** |
** Metropolitan and ‘A’ Grade Cities *Other Places
This will be effective from 1st October, 2018 onwards.
when will ICAI will icrease?
What about public sector undertakings (PSU) and Govt Organization’s…consider about them also…They are getting 4000/- per month and 6000/- for graduates..How shame it is…