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
This will be effective from 1st October, 2018 onwards.