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Asked by Mukul Last Modified
Answer The stipend for CA Industrial Training can vary and is typically determined by the organization providing the training. The Institute of Chartered Accountants of India (ICAI) does not set specific guidelines for the stipend amount, and it is left to the discretion of the employers.
The stipend amount may depend on various factors, including the size and financial capacity of the organization, the location (urban or rural), the level of responsibility given to the trainee, and the overall economic conditions. Larger firms and corporate organizations may offer higher stipends compared to smaller firms.
As of my last knowledge update in January 2022, it's challenging to provide an exact figure for the stipend, as it can vary widely. However, it is not uncommon for CA Industrial Training stipends to range from a few thousand to several thousand rupees per month.
Candidates are encouraged to discuss and negotiate the stipend with the potential employer during the application and interview process. Some organizations may offer additional benefits, such as performance bonuses or allowances, along with the stipend.
It's advisable to consider factors such as the learning opportunities, exposure, and the overall value of the Industrial Training experience when evaluating an offer. While stipend is one aspect, the quality of training and the skills gained during the training period are equally important for a candidate's professional development.
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