CA Salary in India – The Job of a Chartered Accountant is very important for the working of the society. For any industry to work smoothly, the need for a Chartered Accountant is there and for the same reason, many people are coming up to pursue the CA course and make it their profession. Thus, it is necessary to know what is the CA Salary in India.
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The basic roles of CA in a company or otherwise are to conduct audits, tax filing and proposing different business strategies which can be helpful for the company in terms of finance. The CA Salary in India can start from 5 lakh per annum. Based on the experience of the person and the scale of the company, the CA Salary in India can go as high as 80-85 lakh per annum.
Average CA Salary in India
To pursue the degree of CA, after completing the 12th class of equivalent, students can pursue their degree from several CA colleges of our country. They can get admission to these colleges by clearing various CA Entrance Exams. After completing their degree, initially, the CA Salary in India is around 5 lakh per annum.
However, if the student has pursued his/her degree from a renowned college, many big firms like Deloitte, Google, TCS etc. can hire them which offers them around 20-25 lakh per annum.
As the experience of the person increases, the CA Salary in India goes as high as 80 lakh per annum which is a very good package in our country.
City Wise CA Salary in India
The CA Salary in India can also depend on the city in which the person is working. The average CA Salary in India is generally higher in metropolitan cities as compared to Tier 2 and Tier 3 cities. Below given is the average CA Salary in India in different cities:
Cities | Average CA Salary in India |
---|---|
Mumbai | 12 LPA |
Bangalore | 9 LPA |
Chennai | 8.5 LPA |
Gurugram | 10 LPA |
Pune | 6 LPA |
Delhi | 7 LPA |
Guwahati | 6 LPA |
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CA Salary in India in Different Companies
As there are many MNCs working in our country, there are a lot of opportunities for CAs to work for such big companies. Many times, these companies offer on-campus placements to students who are pursuing their degree in a renowned college. However, people can apply to these companies directly as well.
Below is the list of some of the big companies along with the CA Salary which they offer:
Companies | Average CA Salary in India |
Deloitte | 15 to 35 LPA |
KPMG | 15 to 32 LPA |
PWC | 14 to 32 LPA |
12 to 22 LPA | |
TCS | 10 to 23 LPA |
Ernst and Young | 12 to 15 LPA |
Sector-wise CA Salary in India
Along with many private organisations, CAs work in several Public Sector companies as well which offer them a great starting package. Based on different working sectors of CA, the table is given below which contains CA Salary in India of people working in different sectors:
Private Sector CA Salary in India
Organisation | CA Salary in India |
Reliance Industries | 7 to 9 LPA |
ICICI Bank | 6 to 8 LPA |
PWC | 14 to 32 LPA |
TCS | 10 to 23 LPA |
Public Sector CA Salary in India
Organisation | CA Salary in India |
State Bank Of India | 7 to 18 LPA |
Ministry of Finance | 6 to 15 LPA |
GAIL | 7 to 17 LPA |
SAIL | 6 to 15 LPA |
CA Salary in India with Experience
With increasing experience in the field of CA, the CA Salary in India can change many folds. Below is a general trend of the average CA Salary in India for a person with different experiences:
Years of Experience | Average CA Salary in India |
0 to 5 years | 7 LPA |
5 to 10 years | 12 LPA |
10 to 15 years | 20 LPA |
15 to 20 years | 25 LPA |
More than 20 years | 35 + LPA |
Designation-wise CA Salary in India
Below given is the variation of CA Salary in India with the designation for which the person is recruited:
Desingation | Average CA Salary in India |
Account Executive | 25 LPA |
Finance Controller | 19 LPA |
Accountant | 25 LPA |
Finance Manager | 10 LPA |
Financial Analyst | 17 LPA |
Assistant Account Manager | 5 LPA |
Senior Account Executive | 4.5 LPA |
Business Analyst | 4 LPA |
Roles of CA
Below given are some of the roles and duties of a CA in an organisation:
- Preparing Company’s Financial Statements
- Filing the Tax returns
- Preparing Business Strategies for finance sector
- Performing Audits
- Supervise the finance department of the organisation
- Reduce the financial risk for the company
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FAQs Related to CA Starting Salary per Month
What are the options of Public Sector Jobs for a CA?
If a CA wants to work in the Public Sector, then he/she can work for either The State of India, Ministry of Finance, SAIL, GAIL etc. These are some of the organisations which provide good CA Salary in India.
Can a CA be self-employed?
Yes, If a CA does not want to work for a firm, he/she can work as a freelancer for different people and organisations. This way, they will be free to work for anyone and as soon as they want, they can join any firm on a full-time basis.
What is the average CA Salary in India in the banking sector?
Banking Sector is a very good option for CAs to work, the private sector banks can provide an average CA Salary of 8 to 10 LPA, whereas the public sector banks can offer a Salary of 6 to 8 LPA.