April 14, 2021
CA SALARY

CA salary in India

CA salary in India

How much is a CA’s salary? This will depend on his qualification, ability to work, and his experience. CA salary in India lives between 6 lakh to 30 lakh. If talking of international level, then this figure goes above about 75 lakhs. In the final year campus placement organized by ICAI, the salary monthly of Rs.7 lakh was offered to each CA. However, many students started their independent practice after working for 2 to 3 years in a company. And if any of them is capable, then there is no limit to the good growth they can achieve.

salary of a CA

In this article, we will tell you the maximum and minimum CA salary in India?

TOP 4 Best CA Companies in India

Out of these, best CA companies in INDIA or we can say, top 4 CA companies have the highest reputation in which every CA student dreams of working. These best CA companies in India are E&Y, PWC, Deloitte, and KPMG. Most students dream of getting a 3-year article-ship from top CA companies in India and then becoming a CA to get a job in these companies. Every year after the result of CA, a large number of companies hire fresher CAs. If you are looking for a place where you will get to learn and your knowledge and experience will increase, then this is the best place for you. In these companies, CA salary in India ranges between 7 to 6 lakhs on an average. And after a few years of experience, this firm offers you up to 25 lakhs, but it all depends on your ability and your performance in the company.

BEST 4 CA COMPANIES

CA Firms

Candidates wishing to start their own work also get good experience working as a fresher CA in these firms. Here, they get to know very well about how to deal with customers and income tax officers. You may be thinking that you have gained such experience even in your writing training, but the scope of an article is always limited. The experience you can gain after becoming a Chartered Accountant may not be possible in your writing training. In such firms, CA’s is between 3 to 8 lakhs.

IT Industry

Large IT sector companies are a good option for new CAs who offer a good package salary with less workload. But as a Chartered Accountant, you do not get much progress in your knowledge and experience.

Public Sector Undertakings

Many public sector undertakings such as BSNL, ONGC, BHEL, HEL also recruit fresher CAs via campus placements. These companies mostly take the candidates whose number is between 55% and 60%. The salary of CA in these companies varies between 7 to 15 lakhs. Salary grows a little slower here but this is also a good option for you.

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Frequently Asked Questions 

1. Who Earns More CA or MBBS?

Although we should not compare different professions. And it is always a matter of interest which always shows your success in your profession. So if you have interest in finances you should go for CA and serve the country with your financial knowledge. If you are good at understanding diseases & its cure so you should serve the nation with your knowledge. It totally depends on your interest, as both are a good profession & you can see all levels of professionals with all kinds of salaries, some are earning good while some are just able to get the minimum salary/earning.

2. What is a CA salary?

There are many factors on which the salary of a Chartered Accountant in India depends: 1.skills, 
2. capabilities, 
3.experience, 
4. Rank Holders and Single attempt passed students get a priority over the multiple attempts passed students. 
The average salary of Chartered Accountants in India ranges from 6-7 lakhs to 30 lakhs. International packages are even higher ranging up to 75 lakhs. Around 7.36 lakhs p.a. in the campus placement conducted by ICAI was offered last year. 
Here is an average student salary as per the placement of 1st job: 
A. PSUs like BSNL, ONGC, BHEL, GAIL hire CA freshers from the campus placement. These companies often shortlist the candidates on the basis of their marks ranging from 55% to 60%. The number of candidates who passed with two or more attempts in the CA Final generally got selected by PSUs. The starting salary offered by such companies ranges between Rs 7-15 Lakhs.

B. Joining CA Firm/Self Practice- Candidates who wish to start their own practice after some years of experience join CA Firm. Here, a fresher Chartered Accountant learns how to deal with the client or how to deal with the Income Tax Officer. Since scope of Articles is very limited, here also a fresher gets to learn how to deal with clients individually. The salary generally ranges between 4-8 lakhs.
C.BIG 4 Firms- Firms like E&Y, PWC, Deloitte, and KPMG are included in this point. Students during articleship always dream of joining these firms. These firms also hire large portions of fresher CAs, but there is a huge pressure of work. But if you are fond of learning, and want to explore as much knowledge and experience as you can then this is the best platform for you. Starting salary ranges from 6-8 lakhs.

3. Can a CA earn in crores?

There are many factors on which the salary of a Chartered Accountant in India depends: 1.skills, 
2. capabilities, 
3.experience, 
4. Rank Holders and Single attempt passed students get a priority over the multiple attempts passed students. 
The average salary of Chartered Accountants in India ranges from 6-7 lakhs to 30 lakhs. International packages are even higher ranging up to 75 lakhs. Around 7.36 lakhs p.a. in the campus placement conducted by ICAI was offered last year. 
But exceptions are always there. A person established as a good practising CA(with good experience) or a leading consultant advisor, can get the above-mentioned salary.

4. Who is richest CA in world?

Phil Knight, CO-Founder Nike’s.
Kumar Mangalam Birla, Aditya Birla Group chairman.
Denise Coates, Bet365 Director.
Arthur Blank, CO-Founder of The Depot at Home.
Paul Coulson, Ardagh Group Chairman.
Sir Brian Souter and Ann Gloag, the Stagecoach Group’s Founders.

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