Stipend @ The Institute Of Chartered Accountants of Pakistan

Can we compare it with Stipend @ ICAI India!

Stipend to articled assistants @ I.C.A.I.

(For Informational Purpose Only)

https://www.icai.org/post.html?post_id=139

A person registered as an Articled is entitled to receive a minimum monthly stipend as per the rates specified under the Chartered Accountants Regulations, from time to time. The current minimum rates of monthly stipend payable, depending on the situation of the normal place of services of the articled assistants, are as follows:

Stipend @ I.C.W.A.I.

(For Informational Purpose Only)

https://www.icwai.org/icwai/academic-schemeforpracticaltraining.asp

Minimum Stipend to Trainees: Every Principal engaging a Cost & Management Trainee shall pay the following minimum monthly stipend to the trainee:

* For the purpose of fixing stipend, the figures of population shall be taken as per the last published census report of India.

** PCA means Practicing Cost Accountants.

*** Organisations as detailed in the Training Scheme, viz. Central/State Government / Semi-Government / Public Utilities, Banks and other Financial Institutions, Insurance Company, Public Sector Unit, Public Limited Company, Private Limited Company, Information Technology Sector, KPO / BPO, Stock Exchange, Universities, Management Institutes and any other educational institute, Limited Liability Partnership Firm, Management Consultancy Firms, NGO, Co-operative societies engaged in Banking, Manufacturing, Any other institution as approved by the Council.

The stipend under this regulation shall be paid by the principal to the trainee either by (a) a crossed A/c payee cheque every month or (b) by depositing the amount every month in an account opened by the trainee in his own name with a Branch of the Bank to be specified by the Principal.

Thanks for the information

Doesn't really matter...I really wonder what's like the value of money out there. 

they might be getting higher stipends but the kind of practical knowledge we are getting is far more better than them as per my opinion and what about future demands, i mean the career......

But thr knowledge is enough, to survive  & flourish in Pak.

just like Not all Indian CAs go to the US or UK.

Hi Guys,

Thanks for replying to the post. But just for the record this is for Information Only and not to compare to what other's are earning. We are proud of to be I.C.A.I. students.

We all know even if we are offered a degree and handsome salary package most of us would not opt to leave our country. So Cheers to be an I.C.A.I. students....

Pls stop this forum here only...

for further discussion, first move to this page:

/forum/minimum-stipend-in-pakistan-must-see--54144.asp

 or to this page:

/forum/icap-gives-more-stipend-to-the-articles-54033.asp

It is not necessary of stipend. We r not employees, we r trainees. We should nt focous on stipend. We should focous on our career. poud to b a ICAI STUDENT.

Heartfully agree with yoyu gentlemen. One thing is to be noted is that the difference is not that high as have been picturised. One Pakistani rupee = 58 INR. So the difference is tabled down. Otherwise you all are right