ICAI and Its Members

I. ICAI ANNOUNCEMENTS

1. Public Comments – Revision in Stipend Rates

The Ministry of Corporate Affairs has accorded in principle approval to the proposed stipend rates payable to articled assistants undergoing 2 years of practical training under the new scheme of education and training. Draft amendments to the Chartered Accountants Regulations, 1988 have been published in the Gazette of India, Extraordinary, Part III Section 4 dated 25th June, 2026.

Proposed Stipend Rates (per month)

• First year – Rs.3,000 to Rs.5,000
•  Second year Rs.4,000 to Rs.6,000

Stipend rates are dependent upon population of cities/town Candidates registered as articled assistants for a 3 year period on or before commencement of the 2023 amendment will continue to receive stipend at the pre amendment rates.

Stakeholder Participation

• Suggestions/objections may be submitted by 5th August, 2026.
• Submissions should be made via online Form: https://forms.gle/hrhgHJWcJz745i87A.