Stipend rate - 8000 pm, its rocking and shocking

My Dear Friends

 

Do you know? The current minimum stipend rate of ICAP (i.e. The Institute of Chartered Accountants of Pakistan) is 6500 pm. It’s Rocking and Shocking!!

 

Wait Wait…………..

 

This is not enough, recently ICAP has revised their Minimum Stipend Rate from Rs. 6500 pm to 8000 pm, effective from July 2012.

 

Check out the link below :

 

https://www.icap.org.pk/userfiles/file/training_Dept/minmumstpendratest.pdf

 

 

Replies (39)

This is horrible friends. I feel our institute is not showing any keen interest for increase in stifund. After all it is students who are suffering not members.

I PKR =.58 INR,

So while converting the above 8000 PKR

.58*8000=4650 INR

actual stipent for the articles of Pak is only 4650 indian Riupees

pakistan currency is also a rupee. bhai saab

Boss zara dimag lagao purchasing power of pak Rupee is less than INR which is reflected by the fact that

1$ = INR 53

I$ = PKR 90.2

SO THINK THINK

 

agree with sridhar

hope shashidhar sir unserstood that 

What About ICAI

so the article student who is working. He is not converting to INR. He is continuing with his standard of living..   SO bhai saab calculation karna hey toh. bahut kuch kar sakthey. so better we should stop of conversation. ( peace )

 

I think Shashi dhar is Dummy article. isiliye wo indian student ke dard ko nahi samajh raha aur conversation ko bada raha hai.

 

aray sir CA Ravinder Singh.. Nothing to explore here. just commenting on each other's  does'nt make any difference for ICAI.

Pakistan CA students require high STIPEND than an INDIAN CA Student because of the following reasons :-

1. They have to pay Life Insurance Premium for covering the risk of BOMBING during Audit process.

2. While assisting the audit process they are subjected to a higher degree of Life threat.

3. Going by the present Political Scenario, Future after passing out in Pakistan is almost same as the Passing rate of Indian CA's.
 

I agree with Shashidhar........Pakistani article has to spend his money in pakistan not in India.....so comparison with purchasing power is not significant.......... 4650 INR for paki article is grossly wrong...u r saying paki article has to spend his money in India........U should have said it that Rs 8000 PKR is equivalent to Rs 4650 INR...........

i think u right sir ji

Indeed  a good question to raise upon ICAI's Dignity and transparency ....

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