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Minimum stipend in Pakistan-must see!!

C.A. Sanjay Bhatia (CA) (496 Points)

05 November 2009  

The Minimum stipend payable for CA students in Pakistan are below:

The Institute of Chartered Accountants of Pakistan

Schedule of Minimum Stipend Rates for
Trainee Student Effective from 1 July, 2008
 
  Intermediate Passed / Exempted Trainee Student Rupees Per Month
     
- On commencement of training contract 6,500/-
- On passing Module E or F 10,000/-
- On qualifying (see note bleow) 25,000/-
     
Graduate / Post Graduate Trainee Students
     
 - On commencement of training contract 6,500/-
 - On passing Module E or F 10,000/-
 - On qualifying (see note below) 25,000/-
     
  Note: This will apply to students who have qualified within their training period. This stipend will continue to apply till the completion of training contract.
     

Hope our ICAI could take some advise from them.......


 151 Replies


(Guest)

 SERIOUSLY.. Y DONT U MAIL IT TO OUR PRESIDENT MR UTTAM AGARWAK

ACMA Ayan Paul (Analyst-Corporate Rating at CARE Ratings)   (284 Points)
Replied 06 November 2009

Pakistan got lucky for being separated from India only in this regard. Now I am feeling jealous and irritated as well. Seriously Mr.Uttam Agarwal must see this.

Vinay Ramachandran (Chartered Accountant) (168 Points)
Replied 06 November 2009

Hey guys the above amounts are obviously in Pak Ruppees...

as per Oanda.com 1 Pak Rs=0.5635 INR

Therefore the corresponding amounts come to

INR 3663

INR 5635

INR 14087

which is definitely higher than the corresponding ICAI stipends.....

Bear in mind these are minimum stipends....

 

1 Like

CA.Shaleen Srivastava (CA , CWA*, Bcom(H)) (1999 Points)
Replied 06 November 2009

 higher than icai, and our president ???????????????????????????????????????????

CA. Bhakti Choudhary (Taxation) (27 Points)
Replied 06 November 2009

 I can't believe it. Our institute should take readind of this thing

1 Like

JAI K (student-IPCC) (35 Points)
Replied 06 November 2009

CA Trinath Galla (student) (3130 Points)
Replied 06 November 2009

Our institute should take readind of this thing

CA Mani (Credit Analyst) (2804 Points)
Replied 06 November 2009

Yes our president should see this but i think they knows about it all but still silent

JAI K (student-IPCC) (35 Points)
Replied 06 November 2009

Originally posted by :JAI K
"  Guys... If our institute decides to increase the stipend, then it will be really useful for us to manage our coaching class expenses by ourselves... This will also improve our confidence and involvement in the workplace...   "


 

Shweta (CA Final Student) (305 Points)
Replied 06 November 2009

ya ....agreed with JAI K

GIRISH AGARWAL (ca) (24 Points)
Replied 06 November 2009

icai 5000 rs per month kar dega to bhi kuch nahi hoga kuyuki ca to free m hi kaam karate hai

Kanchan Agarwal (Article) (28 Points)
Replied 06 November 2009

we need amendments in India too..............................................

CA Dhiraj Ramchandani (CA, M. com) (10818 Points)
Replied 06 November 2009

I'm sorry friends.. But i disagree with all of u...

U all or some of u too disagree with me, but as everyone has a right to say what he feels...

 

I know, the stipend we get is kinda negligent value against the work we do..,, And now, as such when it comes to comparison, we find that other countries are paying a well proper stipend..

 

 

But, why don't u look at some advantages of ICAP...????

1. As i had said this earlier...., the population of INDIA... And so are, the enumerous CA students.... Today, every ranker of from HSC comes out and opt for C.A..., not any other course, but CA...

2. Though Average income of a CA is declared as >600000 pa..., but many of them can't fetch even <400000.....

3. As no. of students have increased., ICAI had to impose provisions on every practicing CA to have minimum x no. of articles.... So, that is something frustrating on part of CAs...

4. And majorly, every practicing CA does not consider his articles as important as he considers his permanent staff to be.., And so, they are not ready to pay such temporory trainees more..

5. Moreover, i believe that, we are bothering "why we are not getting more or equal to other countries today".... rather we should think "we will get far better than other countries after our articleship"...

6. And at the end of the day, i would say, every country has its own economy and its own norms... The sector they want to concentrate and provide funds, they are doing that.... Our country has its onw norms and is feeding us in that way.. Why should we compare our institute with any other????

We'll find pros and cons everywhere....

CA Dhiraj Ramchandani (CA, M. com) (10818 Points)
Replied 06 November 2009

May be..., May be i should not say this, but as comparison has already been made.. Just make survey and compare the postions of CAs of both countries.... U'll urself find that we have bright future, then why should bother abt this 3.5 years so much and criticise our own ICAI... After all we are goin to be one of its part....

 

 


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