CA Salary in India

Chartered Accountancy is one of the highest paid job profiles in India because of its high demand in the industry. Let’s dive deep into the salaries of CA’s, CA toppers, factors affecting the salaries and many more related topics on this page.

According to data from PayScale India, the average salary for a Chartered Accountant in India is around INR 789,000 per year. However, this can vary depending on factors such as experience, skills, industry, and location.

In general, newly qualified CAs can expect to earn a starting salary of around INR 6-8 lakhs per annum, while experienced CAs with 5-10 years of experience can earn around INR 15-20 lakhs per annum or more at times.

It's important to note that these are just rough estimates, and salaries can vary widely depending on individual circumstances. Additionally, salary ranges may change over time due to various factors such as inflation, economic conditions, and changes in the job market.

The salaries of Chartered Accountants (CAs) can depend on several factors. Some of the key factors that can impact the salary of a CA in India include:

1. Experience: CAs with more experience in the field can typically command higher salaries than those who are just starting out.

2. Industry: The industry in which a CA works can also have an impact on their salary. Some industries, such as finance, banking, and consulting, tend to offer higher salaries for CAs.

3. Company Size: The size of the company can also impact a CA's salary. Larger companies tend to offer higher salaries than smaller companies, due to their higher revenue and resources.

4. Job Role and Responsibility: The role and level of responsibility of a CA can also impact their salary. For example, a CA in a management role may earn a higher salary than one in a more junior position.

5. Qualifications and Skills: The level of qualifications and skills that a CA possesses can also impact their salary. CAs with additional certifications, such as a CFA or MBA, may be able to command higher salaries than those without.

6. Location: The location of the job can also impact a CA's salary. Salaries tend to be higher in metropolitan cities such as Mumbai, Delhi, and Bangalore, compared to smaller towns and cities.

Overall, the salary of a CA can depend on a wide range of factors, and can vary significantly based on individual circumstances.

Chartered Accountants (CAs) in India can work for a variety of companies, ranging from small firms to large multinational corporations. Here are some approximate salary ranges for CAs working in different types of companies:

1. Big 4 accounting firms: CAs working in big 4 accounting firms such as Deloitte, KPMG, PwC, and EY can expect to earn salaries ranging from INR 7-20 lakhs per annum (approximately INR 58,000 - 1.67 lakhs per month) at the entry level. However, salaries can increase meaningfully with experience and superiority.
2. Investment banks: CAs working in investment banks such as Goldman Sachs, Morgan Stanley, and JP Morgan can expect to earn salaries ranging from INR 15-40 lakhs per annum (approximately INR 1.25 - 3.3 lakhs per month) depending on their level of experience and role.
3. FMCG companies: CAs working in FMCG companies such as Hindustan Unilever, Nestle, and Procter & Gamble can expect to earn salaries ranging from INR 10-20 lakhs per annum (approximately INR 83,000 - 1.67 lakhs per month).
4. Banks: CAs working in banks such as ICICI Bank, HDFC Bank, and Axis Bank can expect to earn salaries ranging from INR 6-12 lakhs per annum (approximately INR 50,000 - 1 lakh per month) at the entry level.
5. IT companies: CAs working in IT companies such as Infosys, TCS, and Wipro can expect to earn salaries ranging from INR 6-12 lakhs per annum (approximately INR 50,000 - 1 lakh per month) at the entry level.

Chartered Accountants (CAs) are highly sought after by the Big 4 accounting firms - Deloitte, PwC, EY, and KPMG - and the salaries offered by these companies are generally higher than those offered by other sectors in India.

The average starting salary for a CA in a Big 4 accounting firm in India can range from INR 7-10 lakhs per annum, which translates to approximately INR 58,000 - 83,000 per month. However, the salary offered can vary based on the level of experience, qualifications, and skills of the candidate.

In addition to the base salary, Big 4 accounting firms also offer various perks and benefits such as performance bonuses, health insurance, travel allowances, and retirement benefits.



As CAs gain more experience and progress to higher levels in these companies, their salaries can increase significantly. For example, a CA with around 3-5 years of experience in a Big 4 accounting firm can expect to earn a salary of INR 15-20 lakhs per annum, which translates to approximately INR 1.25 - 1.67 lakhs per month. Senior-level CAs in these companies can earn even higher salaries, with some earning upwards of INR 50 lakhs per annum.

Overall, the Big 4 accounting firms are known for offering some of the highest salaries to CAs in India, along with opportunities for professional growth and development.

Chartered Accountants (CAs) in India can earn varying salaries based on their skills and areas of expertise. Here are some skills that can impact the salary of a Chartered Accountant:

1. Financial analysis and reporting: CAs who are proficient in financial analysis and reporting are highly valued in the corporate sector. They can earn salaries ranging from INR 10-20 lakhs per annum (approximately INR 83,000 - 1.67 lakhs per month).
2. Taxation: CAs with expertise in taxation can earn higher salaries, especially in industries such as banking, finance, and consulting. The average salary for CAs with taxation skills is around INR 8-15 lakhs per annum (approximately INR 66,000 - 1.25 lakhs per month).
3. Audit and compliance: CAs with a strong background in auditing and compliance can earn higher salaries, especially in large corporations and consulting firms. The average salary for CAs with audit and compliance skills is around INR 8-15 lakhs per annum (approximately INR 66,000 - 1.25 lakhs per month).
4. Risk management: CAs with expertise in risk management are in high demand in the financial services industry. They can earn salaries ranging from INR 10-20 lakhs per annum (approximately INR 83,000 - 1.67 lakhs per month).
5. Leadership and management skills: CAs with strong leadership and management skills can earn higher salaries, especially in senior management roles. The average salary for CAs with leadership and management skills is around INR 15-30 lakhs per annum (approximately INR 1.25 - 2.5 lakhs per month).

It's important to note that these are just approximate salary ranges, and actual salaries can vary depending on factors such as the level of experience, qualifications, and the size and location of the company. Additionally, salaries can also be impacted by external factors such as the state of the economy and the demand for CAs in a particular industry.

Chartered Accountants (CAs) in India can work in various job profiles across different industries. Here are some common job profiles and their corresponding salary ranges:

1. Audit Manager: As an audit manager, a CA can expect to earn an average salary of INR 10-20 lakhs per annum (approximately INR 83,000 - 1.67 lakhs per month). However, salaries can vary based on the size and complexity of the organization.
2. Financial Analyst: CAs with a background in financial analysis can earn higher salaries in this profile, with the average salary ranging from INR 8-15 lakhs per annum (approximately INR 66,000 - 1.25 lakhs per month).
3. Tax Consultant: CAs with expertise in taxation can work as tax consultants and earn higher salaries, especially in industries such as banking, finance, and consulting. The average salary for tax consultants is around INR 8-15 lakhs per annum (approximately INR 66,000 - 1.25 lakhs per month).
4. Financial Controller: CAs with strong leadership and management skills can work as financial controllers and earn higher salaries, with the average salary ranging from INR 15-30 lakhs per annum (approximately INR 1.25 - 2.5 lakhs per month).
5. Investment Banker: CAs with expertise in finance and strong analytical skills can work as investment bankers and earn higher salaries, with the average salary ranging from INR 15-40 lakhs per annum (approximately INR 1.25 - 3.3 lakhs per month).

It's important to note that these are just approximate salary ranges, and actual salaries can vary depending on factors such as the level of experience, qualifications, and the size and location of the company. Additionally, salaries can also be impacted by external factors such as the state of the economy and the demand for CAs in a particular industry.

The salary of a Chartered Accountant (CA) in India can vary based on several factors, including the city of employment. Here are some approximate salary ranges for CAs working in different cities in India:

1. Mumbai: Mumbai is the financial capital of India and home to several large financial institutions and corporations. The average salary for a CA in Mumbai ranges from INR 7-25 lakhs per annum (approximately INR 58,000 - 2 lakhs per month) depending on their level of experience and the organization they work for.
2. Delhi: Delhi is the political and commercial hub of India, and CAs working in this city can expect to earn salaries ranging from INR 6-20 lakhs per annum (approximately INR 50,000 - 1.67 lakhs per month).
3. Bengaluru: Bengaluru is a major IT hub in India and home to several technology companies. The average salary for a CA in Bengaluru ranges from INR 6-18 lakhs per annum (approximately INR 50,000 - 1.5 lakhs per month) depending on their level of experience and the organization they work for.
4. Chennai: Chennai is a major industrial and commercial centre in South India, and CAs working in this city can expect to earn salaries ranging from INR 5-15 lakhs per annum (approximately INR 42,000 - 1.25 lakhs per month).
5. Hyderabad: Hyderabad is another major IT hub in India and home to several technology companies. The average salary for a CA in Hyderabad ranges from INR 5-16 lakhs per annum (approximately INR 42,000 - 1.33 lakhs per month) depending on their level of experience and the organization they work for.

It's important to note that these are just approximate salary ranges, and actual salaries can vary depending on factors such as the level of experience, qualifications, and the size and location of the company. Additionally, salaries can also be impacted by external factors such as the state of the economy and the demand for CAs in a particular industry.

The number of attempts made to clear the Chartered Accountancy (CA) exams does not have a direct impact on the salary of a CA. Employers generally focus on the skills, knowledge, and experience of the candidate rather than the number of attempts made to clear the exams. However, it's important to note that a candidate who has cleared the exams in fewer attempts may be considered more competent and may have an advantage over other candidates in terms of career growth and salary.

That being said, a CA who clears the exams in fewer attempts may have an advantage in terms of the time and resources invested in clearing the exams. A candidate who takes several attempts to clear the exams may have spent more time and money on the exams, which could affect their career growth and salary in the long run. Additionally, candidates who clear the exams in fewer attempts may be able to gain more experience and skills in a shorter period of time, which could also impact their career growth and salary.

Overall, while the number of attempts made to clear the CA exams may not have a direct impact on the salary, it can indirectly impact the career growth and earning potential of the candidate.

There are several ways to earn a high Chartered Accountant (CA) salary in India. Here are some strategies:

1. Get certified: Obtaining additional certifications or qualifications, such as a Certified Financial Planner (CFP) or a Certified Management Accountant (CMA), can help enhance your skills and knowledge, and increase your earning potential.
2. Gain experience in a reputed company: Working in a well-known and reputed company can provide you with exposure to complex financial transactions and opportunities for growth, which can help you gain expertise in your field and increase your salary.
3. Specialize in a niche area: Developing expertise in a specific area, such as tax planning or mergers and acquisitions, can help set you apart from other CAs and increase your earning potential.
4. Pursue higher education: Pursuing a Master's degree in Finance or Business Administration can help you gain a deeper understanding of the financial sector and help you qualify for higher-paying roles.
5. Stay updated on industry trends and regulations: Keeping abreast of industry trends and regulations can help you provide better service to your clients and stay competitive in the market, which can help increase your earnings.
6. Be entrepreneurial: Starting your own accounting firm or consultancy can provide you with opportunities to work on diverse projects and build a strong client base, which can lead to higher earnings in the long run.

It's important to note that these strategies are not a guarantee of a high salary, but they can help increase your chances of success in the field of accounting and finance.

Chartered Accountants (CAs) in India can earn income from various sources other than their salaries. Here are some common income sources for CAs:

1. Consultancy fees: Many CAs offer consultancy services to clients and charge fees for their expertise and advice.
2. Audit fees: CAs are often appointed as auditors for companies and charge fees for conducting audits.
3. Retainership fees: Some CAs work on a retainer basis for companies, which involves providing ongoing financial advice and assistance for a fixed fee.
4. Commission fees: CAs who work as agents or brokers for financial products, such as insurance or mutual funds, may earn commission fees based on the volume of business they generate.
5. Training and coaching fees: Experienced CAs may offer training and coaching services to other professionals or students and charge fees for their services.
6. Investments: Many CAs invest in the stock market, real estate, or other investments and earn income from capital gains or rental income.
7. Writing and speaking engagements: CAs who are experts in their field may be invited to write articles or speak at events, and can earn income from these activities

It's important to note that these income sources may require additional expertise, certifications, or licenses, and may involve additional risks and responsibilities. CAs should carefully evaluate the potential benefits and drawbacks of each income source before pursuing them.