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Annual General Meeting

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The 48th Annual General Meeting of Institute of Chartered Accountants of Pakistan will be held on Wednesday, October 28, 2009 at 6:00 pm at ICAP Office Islamabad.

AGENDA:

The proceeding of meeting will commence with the recitation of Holy Quran and will have following agenda.
  1. Confirmation of minutes of 47th Annual General Meeting.

  2. Consideration and adoption of the Council and Anuual Audited Accounts for the year ended 30-06-2009.

  3. Appointment for the Auditors for the year ended 30-06-2010

  4. Any other business with the permissio of Chair.

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posted @ 12:44 AM, ,

Gratuity Rules

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According to standing order no. 12 of The West Pakistan Industrial and Commercial Employment (Standing Orders) Ordinance, 1968, where a workman resigns from service or his services are terminated by the employer, for any reason other than misconduct, he shall, in addition to any other benefit to which he may be entitled in accordance with the terms of his employment or any custom, usage or any settlement or an award of a Labour Court under the Industrial Relations Ordinance, 1969 (XXIII of 1969), be paid gratuity equivalent to thirty days, wages, calculated on the basis of the wages admissible to him in the last month of service if he is a fixed-rated workman or the highest pay drawn by him during the last twelve months if he is a piece-rated workman, for every completed year of service or any part thereof in excess of six months

Gratuity amount = Last drawn gross salary x No. of years service

To see Standing order/rules of gratuity in detail please click here!

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posted @ 11:21 AM, ,


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