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.