Revised stipend rate for CA article students

[TO BE PUBLISHED IN
THE GAZETTE OF INDIA , EXTRAORDINARY,
 

PART III, SECTION 4] 

THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA 

NOTIFICATION 

New Delhi, the 23rd January, 2015

 

No. 1-CA(7)/167/2014.-
Whereas certain draft regulations further to amend the Chartered Accountants
Regulations, 1988, were published as required by sub-section (3) of section 30
of the Chartered Accountants Act, 1949 (38 of 1949), in the Gazette of India,
Extraordinary, Part III, Section 4, dated the 10th
September, 2014, inviting objections and suggestions from persons likely to be
affected thereby, before the expiry of forty -five days from the date on which
the copies of the Gazette containing the said notification were made available
to the public;

 

And whereas the copies of
the said Gazette were made available to the public on the 12th
September, 2014;

 

And whereas the objections and suggestions
received from the public on the said draft regulations have been considered by
the Council of the Institute;

 

Now, therefore, in exercise
of the powers conferred by sub-section (1) of section 30 of the said Act, the
Council, with the approval of the Central Government, hereby makes the
following regulations further to amend the Chartered Accountants Regulations,
1988, namely:-

 

1.         
(1)
These regulations may be called the Chartered Accountants (First Amendment)
Regulations, 2015.

 

(2)        
They shall come into force on the date of
their final publication in the Official Gazette.

 

2.           
In the Chartered Accountants Regulations,
1988 (hereinafter referred to as the said regulations),-

 

(i)            
in regulation 28E, in sub-regulation (1), in
clause (b), for the words “nine months”, the words “eight months” shall be
substituted.

 

(ii)         
in regulation 48, in sub-regulation (1), for
the Table, the following Table shall be substituted, namely:-

 


Table

 

Classification  of the normal place   of   service   of  the articled assistant

During  the first year of training

During the second

year  of training

During the remaining

period of training

(1)

(2)

(3)

(4)

(i)  Cities/towns having population of 

twenty lakhs and above

Rs.2000/-

Rs.2500/-

Rs.3000/-

(ii) Cities/towns having a population of four lakhs 
and above but less than 

twenty lakhs

Rs.1500/-

Rs.2000/-

Rs.2500/-

(iii)Cities/towns having a
population of less than
four lakhs

 Rs.1000/-

 Rs.1500/-

 Rs.2000/-

(iii)        
in regulation 204, for the words “and
International Trade Laws and World Trade Organisations” the words,
“International Trade Laws and World Trade Organisation and International
Taxation” shall be substituted.

 

[File No. 1-CA(7)/167 /2014]

 

Sd/-

V. Sagar

 

Acting Secretary

 

 

Note.- The principal
regulations were published in the Gazette of India, Extraordinary, Part III,
Section 4, dated the 1 st June, 1988 vide
number 1-CA(7)/134/88 dated 1st
June, 1988 and subsequently amended by –

 

(i)       
Notification
No.1-CA(7)/1/89 published in the Gazette of India, dated 7th October, 1989

 

(ii)      
Notification
No.1-CA(7)/10/90 published in the Gazette of India, dated 19th January, 1991

 

(iii)     
Notification
No.1-CA(7)/11/90 published in the Gazette of India, dated 19th January, 1991

 

(iv)     
Notification
No.1-CA(7)/12/91 published in the Gazette of India, dated 23rd February, 1991

 

(v)      
Notification
No.1-CA(7)/13/90 published in the Gazette of India, dated 2nd February, 1991

 

(vi)     
Notification
No.1-CA(7)/19/92 published in the Gazette of India, dated 7th March, 1992.

 

(vii)    
Notification
No.1-CA(7)/28/95 published in the Gazette of India dated 1st September, 1995

 

(viii)   
Notification
No.1-CA(7)/30/95 published in the Gazette of India, Extraordinary dated 13th March, 1996

 

(ix)     
Notification
No. 1-CA(7)/31/97 published in the Gazette of India, dated 16th August, 1997

 

(x)      
Notification
No. 1-CA(7)/44/99 published in the Gazette of India dated 26th February, 2000

 

(xi)     
Notification
No.1-CA(7)/45/99 published in the Gazette of India, dated 26th February, 2000

 

(xii)    
Notification
No.1-CA(7)/51/2000 published in the Gazette of India, Extraordinary, dated 17th August, 2001

 

(xiii)   
Notification
No.1-CA(7)/59/2001 published in the Gazette of India, Extraordinary dated 28th September, 2001

 

(xiv)   
Notification
No.1-CA(7)/64/2002 published in the Gazette of India, Extraordinary dated 31st March, 2003

 

(xv)    
Notification
No.1-CA(7)/64A/2003 published in the Gazette of India, Extraordinary dated 4th December, 2003

 

(xvi)   
Notification
No.1-CA(7)/83/2005 published in the Gazette of India, Extraordinary dated 28th July, 2005

 

(xvii)  
Notification
No.1-CA(7)/84/2005 published in the Gazette of India, dated 17th June, 2006

 

(xviii) 
Notification
No. 1-CA(7)/92/2006 published in the Gazette of India, dated 13th September, 2006

 

(xix)    
Notification
No. 1-CA(7)/102/2007(E) published in the Gazette of India, dated 17th August, 2007

 

(xx)     
Notification
No.1-CA(7)/116/2008 published in the Gazette of India, dated 25th September, 2008

 

(xxi)    
Notification
No.1-CA(7)/123/2008 published in the Gazette of India, dated 3rd December, 2008

 

(xxii)   
Notification
No. 1-CA(7)/145/2012 published in the Gazette of India, Extraordinary dated 1st August, 2012

 

(xxiii)  
Notification
No. 1-CA(7)/154/2014 published in the Gazette of India, Extraordinary dated 22nd July, 2014

 

Copies forwarded to :-

 

1.   
All Members of the Council. 

2.   
All Regional Councils and their branches.

3.   
All
Students’ Associations and their branches. 

4.    The
Secretary to the Government of India, Ministry of Corporate Affairs, Shastri
Bhawan, New Delhi. 

5.   
All
Officers and Sections in the Institute.

6.   
Journal
Section for publication in the immediately available issue of the Journal. 

7.           
(a)
The Chief Secretaries of All State Governments (except Bihar, Punjab, West Bengal) and all Union
Territories (except Delhi).

(b)        
The Secretary, Finance Department,
Government of Bihar, Patna.

(c)         
The Secretary, Industries Department,
Government of Punjab, Chandigarh (3 copies)

(d)      The Secretary,   Finance Department, Government of Rajasthan,
Jaipur (2 copies)  

(e)         
The Secretary, Finance Department,
Government of Kerala, Trivandrum (2 copies) 

With reference to letter no. S(III)/L/15/PA dated 7th
July, 1958 of the Department of Parliamentary Affairs, Government of India for
publication in the official State Gazettes. 

8.           
Decentralised Offices at Mumbai, Chennai,
Kolkata, Kanpur, Ahmedabad, Bangalore, Ernakulam (Kochi), Hyderabad, Indore,
Jaipur, Nagpur, Pune, Surat, Thane and Vadodara. 

9.           
EDP
Section for hosting on Institute’s WEBSITE.

 

By order etc.

 

 (G. Ranganathan)

Deputy Secretary

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