Hi!

Cool down brothers. I am again saying that I did not join this forum to defend stipend in Pakistan. To be honest I am not satisfied with stipend in Pakistan too if I see the work we do for our firms. But friends its training not job so if this stipend whatever in India or Pakistan fulfils the needs of a student then its ok, what else we need?

One of my friend got much agressive in his reply above. Dear India is the economy of 1,000 million plus people, you can say alomost 6 times that of Pakistan. So the companies you mentioned in your post are also for catering the respective number of people. It ofcourse will be very difficult for any Pakistani company to show volume growth against any of its compititor in India, as India has bigger market. I will not discuss politics and democracy here.

Next Mr. Tarum Rustagi objected that I showed you only positive side of ICAP. You are right to say that every thing has two sides one of which must be negative. Ya ICAP is not some thing super natural which is free of all wrongs. We the students of ICAP have lot of complaints against our institute but this is also reality that they entertain our complaints in a quick way. Whatever but they will reply your mail withing 24 to 36 hours. Also telephone lines of all ICAP officials are also open. But dear again one can never satisfy, demands have no end. 

ICAP and ICAI have their own ways to run chartered accountancy profession in Pakistan and India respectively. Those who are sitting in governing bodies of these institutes know all what we just think but they have to see many possible outcomes before taking any decision. So if we argue it is not going to be fruitful.

Regards,

Mudassar

Originally posted by : tarun rustagi
	mr. mudassar what do you want to prove.in reply to my post u said u agree with my post  means in relation to why are we doing comparison between icai and icap but now it's too much.in your every post u want to do comaprison and u said u agree with me. we all are very happy that u are earning rs.12000+ but keep it in ur pocket. i am raising question against  some practicing ca's in india because it depends on an individual and never try to raise question against our institute so u don't try to describe it.

 Hi Mr. Tarun Rustagi

Please do not take the things negatively. 12,000 pm I mentioned was only to give you an idea in the region. Believe it I am not comparing ICAP and ICAI to show let down to any body. Dear in Pakistan there are many instances when we have used plus points of ICAI as reference in courts against ICAP. Like we got the ACA recognized as equivelent to masters in commerce by giving reference of ICAI. Similarly we have many times filed suit against ICAP policies on the basis of policies applicable in ICAI and other institutes of the world. So what I mentioned in my previous posts was to just give you people an idea in order to gather relevent information.

Sorry if your feelings were injured but my intensions were not so.

Regards,

Mudassar

Mr. Mudassar

I congratulate  you on your cool temparament , impressive  knowledge and authority on language.

I am getting the impression that I am interacting with a diplomat as this kind of patitance and maturity is unexpected from a student.

I asked size of big companies becouse these companies are run by Professionals who take care of Coorporate Governance, Population size of a country does not go with size of companies of that Country
This is false excuse you are giving to yourself. Just take example of Japan, Brittain. Now a days one should have the capability of producing high quality stuff at a low cost whole world is your market with globalization.

Now with family run business, low export restricted to wheat, cotton, No mineral except gas in balooch, Agrarian economy that too in grave danger due to continuously decreasing water in river of Himalayas.

How companies manage this stipend

Mr. Mudassar

I congratulate  you on your cool temparament , impressive  knowledge and authority on language.

I am getting the impression that I am interacting with a diplomat as this kind of patitance and maturity is unexpected from a student.

I asked size of big companies becouse these companies are run by Professionals who take care of Coorporate Governance, Population size of a country does not go with size of companies of that Country
This is false excuse you are giving to yourself. Just take example of Japan, Brittain. Now a days one should have the capability of producing high quality stuff at a low cost whole world is your market with globalization.

Now with family run business, low export restricted to wheat, cotton, No mineral except gas in balooch, Agriculture economy that too in grave danger due to continuously decreasing water in river of Himalayas.

How companies manage this high stipend.

Any way friend I am impressed by your intelligence and wishes great in your future.

regards

Hi dear (Argumentative Indian)

First of all I must pay my thanks to you for appreciating my post. Yes it's right that Japan, UK and  many other countries with small local markets also own world renowned companies. Moreover globalization has also extended the geographical and logical frontiers of the organizations.

But it is worth considering that all world famous companies took start from their respective local market. Local market is always a good  plateform to enable a company to compete internationaly. A cellular company which takes start from say Sri Lanka can not have that much financial worth as compared to similar companies operating in India. This is because in India they have a large number of customers and in other words huge revenues. Now suppose there is an investment opportunity some where in Europe or Africa. Ofcourse the company which would be financialy sound will get the chance to provide cellular services in that particular country. In the same way that company will keep extending its net accross the globe because more is the money more is the business we do. Little or more local market strength plays a vital role in international recognition and success of an organization.

One thing you asked that how do the companies manage this much stipend. This stipend is nothing for them as compared to hourly rate they charge to client for each student. To view minimum audit fee and hourly rates applicable in Pakistan just view the following link.

https://www.icap.org.pk/userfiles/file/ATR%2014%20(Revised-2008).pdf

All the best

Regards,

Mudassar

Dear Mudassar

I think you are talking about Bharati Airtel, Their M.D had seen the oppertinity when no body was beleiving that there could be Market for Mobiles in India, He had worked hard to develop that Market, But now with possible entry of Reliance, This market is also going to be very competitive and crowded.

So again benefit of big bazar is negated with presence of multiple seller, It is the People in the end who makes the difference in the future of Country, Japan is best example for this, Small country, No mineral assets. Still leading the world, due to people, theire ethics, their work culture matters.

We Indian Since the ages are known for our business acumen and enterprenur ship, world knows that , It is only with globalization we had been freed from the Govt restrictions of quota , permit, World has started noticing with in a decade, You can imagine what will happen in 2-3 decade. You People also share the same gene pool.

You had lost the best part of your population in 1947 with wiping out of entire hindu Population from your country, those people have contributed immensly in India. Just Think Entire Bolywood, Most of Automotive Industry, Hospitality Industry  in India could have been of Pakistan not of India. India's Gain is your Permanent Loss.

I am happy that Accounting Profession is respected, recognised in your country compare to our country where stipend rate is so low inspite of good enconomy here .

REgards

Dear Friend!

It's true that technology, policies and management skills are the key elements for the success of a company. But in general it is easy to develop on the basis of local market rather than entering directly into international compitition. Ofcourse better technology at lowest costs are the success of business at local as well at international level. Pakistan too have many big companies having international presence like NADRA, MCB, UBL, Nishat group, Ibrahim group, Sitara group, NESPAK, FWO, NLC andy many more.

You said we lost best part of our population in 1947, I do not know on which basis you are saying so. Ya we have almost the same gene pool and no doubt WTO has raised the bar of quota etc. Pakistan has sought huge benefit from this chance upto 2007 with its average growth rate of above 8 % per anum from 2002 to 2007. Unluckily we had to engage ourself in war against terrorism which have badly effected the economic growth. But I am sure all this is temporary. War against terrorism is entering into its closing stages with success of peace and Inshalah we again will be among the fastest growing nations of the world.

Regards,

Mudassar 

Dear Mudassar

It is People, who are most important, Technology , polocies are developed , implemented by People only.

A growing prosper Pakistan is for India's benefit , I wish this come soon, As prosper societies are libral, receptive of new ideas and less rigid. ( Oil inome countries are exceptional  to this ).

In this reply only you have mentioned some MNC in your country so some doubt  have been  cleared in  my mind, you do have some jewels.

That migrated Population was mostly the urban, educated Population of Pakistan .

Just ask the dazzle of Lahore in 1946 and after 1947 from your elders. Search at google the contribution of Khatris & Aroras into India as this group had generally been kicked out from holy land.

Think if this population has not moved- Lahore could have been Mumbai As Most of Successfull Actors, Directors of today's and past are of Pak roots. 90 % cycles., 60 % motorcycles  manufactured in India could have been of Pak.  

What  India is proud of its ancient sprituality, knowledge all has been derived, explored in land of Pak but you have not spared any one to claim that legacy, It has been now of Indiia.

With this migration your intellectual section i.e Doctors, Lecturers, Engineers, Traders, Service Man might have come into minority in your society. As these People are the opinion makers of society,  care takers of civil rights,  Repeated  MIlitry  take over in your country suggests this  imbalancing  which  has taken time to recover, surely with people like you  will take  Pakistan to  new heights.

It is a little political but please allow me " Terrorist at home and Freedom Fighter abroad will not work", You need to understand Violence in any form is wrong.

Now matter is getting political so I am withdrawing , again wishing you all the best, It was a good interaction with a learned, Matured Person in the end.

Please accept my regret if I have pained you with any of my statement.

Hi dears!

Truely speaking both India and Pakistan have failed to give a better living standard to thier people so far. Its just because we both countries use most of our energies in harming each other. What have we got after fighting 4 wars? nothing but destruction at both sides of the border.

You mentioned terrorists inside the country and freedom fighters abroad etc. Dear Pakistan has suffered most in this international war against terrorism. Our GDP growth was 8.7 % in the year when the war started in 2007. I tell you most of the terrorists arrested or killed in northern western Pakistan are foreigners. Do not feel but many of them are from India or they are funded from inside India. Guns and weapons captured from them were stamped as "Indian Ordinance", medicine they used was of Indian companies  with printing in Hindi. Same ofcourse may be being done from our side. But brothers how longer we will keep fighting and blaming each other.

I hope peace reinstates back in the region with friendship of these two biggest countries of the South Asia. I can just offer you people friendship at my own.

Best of luck

Regards,

Mudassar

Dear Mudassar

You must have been waiting  my reply, Please note it is my last reply, I want to close it instead concentrate on my goals.

Time is fast approaching when People will feel concept of country, boundaries useless. Feedom to live hounourably , equal oppertunity to rise, heality environment, Security of life will be criteria for deciding loyality of People. So cream of nations are moving to western countries.

Since ages my ancestors had lived in Pak, I do not know any reason to hate you, People there are same as me. They speak same language though different faith, But today middle class or upper class does not have any religion except consumerisam.

I do not want to defend your allegations. It is up to you to apply your mind, Net is there, make your decision.

If a coutry who has not invaded any other country since past two thousand years.

Who always give refuge to who ever is in need even at the cost of his own life

who always preach non violence and truth

India is not a country It is an idea, it is a thought, It is a journey , It is world's oldest still living civilization.

It is still moving and flowing.

I am not going to reply your mail.  One more thing Till you Pakis are strong we are safe

As you are not fighting your own war It is India's War

regards

Hi!

We have moved far away from the main topic. We must stop it now.

With best wishes for all. Bye

Regards

Mudassar

Dear Mudassar

Agreed

Wishing same to you

Regards

On a lighter note,I would like to say that ye stipend ka jhagda sirf 3 saal ka hota hai, n after that since we all will be paying it,we would not like it to be increased by ICAI So guys just bear it for 3 years,fir to to lathi hamare hath me hi hogi.

why you all just think about stipend think of exposure we get in india and i bet we gat better exposure than pakistanis

I think article students are the cheapest office labour in the country...

ICAI has to take some measure to increase the stipends....