sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
News Headlines »
 5 things you should not forget while filing income tax return
 10 Easy Steps to File ITR 1 Online
 How to e-verify income tax return?
 What to do when you receive a notice from the tax department
 How to use your Form 16
 Which ITR form applies to you for financial year 2017-18?
 Income tax returns filing form-2 released; should you use it? Find out
  Are you planning to file ITR 1 form? here's how to do it Income Tax Return (ITR) filing
 30 LPA-Opening Financial Controller
 ITR form 2 in java release by CBDT for return filing by individuals
 How to file your income tax return using ITR Form-1 Income Tax efiling for AY 2018-19

CAs beat slowdown blues with high placements
May, 06th 2009

Beating the slowdown, chartered accountants (CAs) have bagged jobs with top-notch companies in the latest campus placement drive, which has also seen more newly qualified professionals get jobs.

State-run companies, especially from the financial services sector, have emerged as the biggest recruiters in the current round of hiring.

Four newly-qualified members of the Institute of Chartered Accountants of India (ICAI), the apex body governing the profession, have been offered Rs 23 lakh each for international posting by the Tolaram group, a Singapore-based private company, compared with last years highest salary of Rs 21 lakh.

When institutions of international repute are finding it hard to attract companies to their institutes to place their handful of students, the ICAI has proved itself to be an important destination to recruit finance, audit and compliance executives, said ICAI President Uttam Prakash Agarwal.

Jaypee Capital Services, Indian Oil Ltd, State Bank of India, HDFC, Bank of India and HPCL have emerged as the main recruiting companies. Some other companies which participated in the placement drive include Cairn India, L&T, Nestle, PricewaterhouseCoopers, Price Waterhouse, Vedanta, Wipro, Sony India, the Tolaram Group, PowerGrid Corporation, ONGC, BPCL, IFCI and Sebi.

Incidentally, the average starting salary this year is Rs 6 lakh, almost the same as last year. However, since public sector companies were in the process of reviewing their salaries according to the Sixth Pay Commission rules, the starting salaries of many CAs hired by banks and other PSUs would increase substantially, said an ICAI member, who is part of the placement process.

Around 400 newly qualified CAs have already been placed in April and May this year alone. This was higher than the number of students who were placed last year, said the member.

In addition, for the first time, ICAI is organising campus placement programme for newly qualified CAs to be place in small and medium industries and CA firms.

The Institute has got a wide range of recruiting entities both from India and abroad representing wide range of industries and sectors from public sector and private.

No CA can sit idle because if CAs are not attached with other firms then they can start their own practice, said the ICAI member.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Achievements

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions