CA Salary in India [Updated]: Chartered Accountant Average Salary Package
Chartered Accountancy is a very popular profession in India. It pertains to accounting and taxation which is a key area of concern for every organisation across industries. The CA profession is regulated by ICAI which reports that every year over 1 lakh aspirants register for it. It is a tough profession but salaries are high. Read here all about CA salary in India.
Chartered Accountant Salary Packages in India
Chartered Accountant Salary in India typically starts from INR 9 lakh per annum. The income gradually increases with experience. A professional CA with 15 + years of experience has the potential to earn more than 40 lakhs per annum, specifically if they practice independently or own a firm.
Chartered Accountancy or CA is one of the most popular careers in Finance, mainly because in any organisation it is critical to follow financial regulations in line with the law of the land. To understand accounting and taxation, one needs a highly skilled and trained professional or a Chartered Accountant (CA). Orgnisations hire CAs in their Finance department at lucrative salaries ro ensure good health of their finances. The inflow and outflow of money is to be reported correctly and transparently so that there are no changes of financial irregularities. The demand for Chartered Accountants is not only there in private sector, but also in government sector. CA salary in India and across the world in pretty high and there are several benefits attached. In this article, we have shared company wise average salary for CA in India.
The profession of Chartered Accountancy is regulated in India by the Institute of Chartered Accountants in India (ICAI ). To make a career in Chartered Accountancy, aspirants have to pursue the ICAI CA courses which included three levels – CA Foundation, CA Intermediate and CA Final. After completing these three levels, the students are certified as a CA and are eligible to pursue it professionally.
- CA Salary in India
- CA Salary in India- (Top Companies)
- CA Salary in India- (Based on Experience)
- CA Salary in India- (Public Sector)
CA Salary in India
CA salary in India is in the same range as that of senior managers in MNCs. Chartered Accountants in their professional practice earn a lot, be it as independent auditor or as a company executive. Since, CAs handle the most critical aspects of an organization – finances and taxes, they are considered the backbone. With responsibilities come the perks. Hence, the high range of salary offered in India.
| Highest, Lowest and Average CA Salary Package in India | |
| Highest CA Salary Package in India | INR 75 lakh per annum |
| Average CA Salary Package in India | between INR 8 lakh to INR 12 lakh per annum |
| Lowest CA Salary Package in India | INR 5 lakh per annum |
Note: The above salary figures have been populated as per the market trends and may vary.
CA Salary in India- (Top Companies)
While the minimum starting salary is INR 8 lakh per annum, CA salary in India for top companies can go up to INR 23-25 lakh per annum with experience. Take a look at the average base salary offered to CAs in top companies in India.
| Company Name |
CA Salary in India (Average) |
|---|---|
| Reliance Industries |
₹13.33 lakh per annum |
| Deloitte |
₹12.06 lakh per annum |
| Wipro |
₹11.45 lakh per annum |
| KPMG |
₹11.17 lakh per annum |
| PwC |
₹10.34 lakh per annum |
| BSR & Co. |
₹10.08 lakh per annum |
| ABC |
₹10.05 lakh per annum |
| EY |
₹9.93 lakh per annum |
| BDO |
₹9.71 lakh per annum |
| TCS |
₹9.69 lakh per annum |
| Infosys |
₹9.45 lakh per annum |
| ICAI |
₹9.06 lakh per annum |
| Accenture |
₹8.75 lakh per annum |
| ICICI Bank |
₹8.26 lakh per annum |
| Grant Thorton |
₹7.7 lakh per annum |
| Genpact |
₹7.18 lakh per annum |
Note: The above salary figures have been sources from glassdoor.co.in.
CA Salary in India- (Based on Experience)
CA salary increases as the professional gains experience in the field. Network, experience and goodwill over the years, together combined ensures overall growth of the professional. The below table indicates average salary for CA in India, with work experience.
| Experience (in Years) | Salary Range (per Annum) |
| 0 to 5 years | ₹10-15 lakh per annum |
| 5 to 10 years | ₹16-23 lakh per annum |
| 10 to 20 years | ₹23-30 lakh per annum |
| above 20 years | ₹30-70 lakh per annum |
Note: The CA salary figures given above in table are for reference purposes and may vary depending on various factors.
CA Salary in India- (Public Sector)
CA freshers get placed at several well recognized organisations through campus placements and recruitment drives by the ICAI. The fact the Chartered Accountants are required not only at big private companies but also government and public sector organisations, it widens the scope of career in this field.
CA certificate holders who have cleared the ICAI CA Final exams have the option to choose a career in private sector or public sector. While the ultimate goal of a career driven CA in private sectors is to get into the Big 4, there are many who prefer to join companies National Thermal Power Corporation (NTPC), Steel Authority of India (SAIL), Bharat Heavy Electrical Ltd. (BHEL), Coal India Ltd (CIL), and Oil and Natural Gas Corporation (ONGC). Public sector companies have their own benefits, such as job security, fixed salary and limited working hours. They are also not too far behind private sector companies in salary range (INR 8 lakh to 20 lakh per annum basis experience).
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