Stipend rate - 8000 pm, its rocking and shocking

Krish (CA Final ) (3326 Points)

06 January 2012

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

Reply Follow

39 Replies

(Guest)

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.

Anoop N S (Finance Manager ) (69 Points)
Replied 06 January 2012

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

1 Like

SHASHIDHAR (DATA ANALYST/ STUDENT) (682 Points)
Replied 06 January 2012

pakistan currency is also a rupee. bhai saab

sridhar jorapur (Articleship) (41 Points)
Replied 06 January 2012

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

Anoop N S (Finance Manager ) (69 Points)
Replied 06 January 2012

agree with sridhar

Anoop N S (Finance Manager ) (69 Points)
Replied 06 January 2012

hope shashidhar sir unserstood that

srinivass (CA Final) (2466 Points)
Replied 06 January 2012

What About ICAI

1 Like

SHASHIDHAR (DATA ANALYST/ STUDENT) (682 Points)
Replied 06 January 2012

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 )

CA Ravinder Singh (Chartered Accountant) (98 Points)
Replied 06 January 2012

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

5 Like

SHASHIDHAR (DATA ANALYST/ STUDENT) (682 Points)
Replied 06 January 2012

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

anirban dev (....... :)) (151 Points)
Replied 06 January 2012

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.

5 Like

CA Abhinav (Chartered Accountant) (496 Points)
Replied 06 January 2012

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...........

1 Like