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 career options. A maximum percentage of Commerce students pursue CA as a career because of lucrative rewards and recognition. CAs play a major role in handling an organisation’s financial requirements, the most important being, following financial regulations in line with the law of the land. The inflow and outflow of money is to be reported correctly and transparently to avoid chances of financial irregularities. CAs ensure this.

The demand for Chartered Accountants is high in private as well as government sector. This is because no organisation if immune from financial scrutiny and tax assessment. 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. 

What is ICAI CA Course?

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 is on par with the salary of senior managers in MNCs. Whether you practice independently or work of a firm, as a CA, earning opportunity is high. Since, CAs handle critical responsibilities of the company – taxes and accounting, they are paid well. Even the starting salary of CAs typically range between INR 6 to 10 lakhs. Check below some key highlights related to CA salary in India.

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 6 ot 10 lakh per annum, CA salary in India for top companies can go up to INR 23-25 lakh per annum with experience. Some of the highly successful CAs in India earn in crores through independent practice. Take a look at the average base salary offered to CAs in top companies in India. 

Note: The above salary figures have been sources from glassdoor.co.in.

CA Salary in India- (Based on Experience)

CA salary increases with experience. Network, experience and goodwill over the years, together combined ensures overall growth of a professional. The below table indicates average salary for CA in India with work experience. 

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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