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.
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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…