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.

ICMAI increases minimum stipend

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2 Comments

  1. Venkat says:

    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…

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