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CA SALARY IN INDIA
CA Salary in India is increasing every year as the demand for Chartered Accountants in India is increasing. The Average Salary for Chartered Accountants in 2019 is 7.43 Lac per Annum.
CA Salary In India
CA Salary In 2019
The campus placement programme of the Institute of Chartered Accountants of India(ICAI) is held twice a year. It helps Newly Qualified Chartered Accountants and organizations to hire the best talent.
The Campus Placement Programme was held from Feb-March 2019 at seventeen (9 bigger and 8 smaller) centers. Ahmedabad, Bangalore, Bhubaneswar, Chandigarh, Indore, Chennai, Coimbatore, Durgapur, Ernakulam, Hyderabad, Jaipur, Kanpur, Kolkata, Mumbai, New Delhi, Pune, and Thane.
The highlights of the campus placement programme of Feb-March 2019 are as follows :
| Number of Candidates Registered | 9011 |
| No. of candidates finally appeared for the interview | 6646 |
| Number of Jobs Offered by the participating companies | 3815 |
| Number of Jobs Accepted by the candidates | 3180 |
| Highest salary (cost to company) offered for domestic posting | INR 22.50 Lac (Per Annum) |
| Highest salary (cost to company) offered for International posting | INR 36.00 Lac (per annum) |
| Average salary (cost to company) | INR 7.43 Lakh (Per Annum) |
| Percentage of placement (job offered/ candidates appeared) | 57.4 % |
The Grouping of Salary Structure (February-March 2019) are as follows :
| Salary Range (Rs. per annum) | Number of Candidates |
| Rs. 9,00,000 and above | 730 |
| Rs. 7,50,000 to Rs. 9,00,000 | 1748 |
| Rs. 6,00,000 to Rs. 7,50,000 | 558 |
| Rs. 5,00,000 to Rs. 6,00,000 | 128 |
| Rs. 4,50,000 to Rs. 5,00,000 | 16 |
| Total | 3180 |
CA Highest Salary in India
Olam International Limited offered the highest salary for international posting, i.e. 76.32 Lakh per annum.
Arcesium India Private Ltd. offered the highest salary for domestic posting, i.e. 24.00 lakh per annum.
In 2019, The Highest Chartered Accountant Salary for International posting was Rs 36 Lacs p.a. The highest salary (CTC) offered to Domestic posting was ₹ 22.50 Lac per annum.
In 2018, The Highest Chartered Accountant Salary for International posting was Rs 35 Lacs p.a. The highest salary (CTC) offered to Domestic posting was ₹ 22.62 Lac per annum.
The Highest Salary package for CA is given below :
| Year | Domestic ( In Rs ) | International (in Rs) |
| 2019 | 22.50 Lac p.a | 36 Lac p.a |
| 2018 | 22.62 Lac p.a | 35 Lac p.a |
| 2017 | 21.00 Lac p.a | 43 Lac p.a |
CA Average Salary package for a Fresher
The Average Salary package of CA annually is given below :
| Year | Average Salary |
| 2019 | INR 7.43 Lakh (Per Annum) |
| 2018 | Rs. 8.83 Lakh (Per Annum) |
| 2017 | Rs. 8.48 Lakh (Per Annum) |
| 2016 | Rs. 8.29 Lakh (Per Annum) |
CA Salary per Month in India(Approx.)
The monthly salary package of the Highest paid Chartered Accountants based on their salary annually are given below:
| Year | Domestic ( In Rs ) | International (in Rs) |
| 2019 | 1.87 Lac p.m | 3.00 Lac p.a |
| 2018 | 1.88 Lac p.m | 2.91 Lac p.a |
| 2017 | 1.75 Lac p.m | 3.58 Lac p.a |
You can read our article related to CA topper salary here :
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Chartered Accountants Salary In India
Chartered Accountancy degree required lots of hard work & dedication. This article covers the beautiful description of the salary of Chartered Accountants in India.
The entire process of becoming a Chartered Accountant is costly as it is time-consuming. The salary of Chartered Accountant is mainly dependent on Experience, Cost of living in Cities, Skills, Industry, etc.
Chartered Accountants are entitled to considerably satisfactory remunerations. With varying degrees of contributions both in public & private sectors, Chartered Accountants are entitled to some of the best salaries any business in India has to offer.
Salaries based on experience:
The already impressive pay packages that Chartered Accountants are entitled to will increase periodically with the growing number of years in the field.
| EXPERIENCE | ANNUAL AVERAGE SALARIES |
|---|---|
| Less than a year | INR 2.4 lakh to INR 11 lakh |
| 1-4 years | INR 3 lakh to INR 11 lakh |
| 5-9 years | INR 3.5 lakh to INR 20 lakh |
| 10-19 years | INR 5 lakh to INR 25 lakh |
| 20 years and more | INR 5 lakh to INR 30 lakh |
Salaries based on Skill:
As Chartered Accountants have promising prospects in prime industries such as Finance, Banking, Tax etc, they can look forward to variant pay packages offered in each of these industries:
| SKILLS | ANNUAL AVERAGE SALARIES |
|---|---|
| Accounting | INR 6.3 lakh |
| Auditing | INR 6.9 lakh |
| Internal Audit | INR 6.1 lakh |
| Financial Reporting | INR 6.7 lakh |
| SAP FICO | INR 6.6 lakh |
| Tax Consulting | INR 6.6 lakh |
Salaries based on Cities:
Variations in salary ranges based on differences in costs of living in prime cities also exist:
| CITY | ANNUAL AVERAGE SALARIES |
|---|---|
| New Delhi, Delhi | INR 2.4 lakh to INR 10 lakh |
| Hyderabad, Andhra Pradesh | INR 3 lakh to INR 20 lakh |
| Mumbai, Maharashtra | INR 3.7 lakh to INR 20 lakh |
| Chennai, Tamil Nadu | INR 3.4 lakh to INR 20 lakh |
| Bengaluru, Karnataka | INR 2.4 lakh to INR 20 lakh |
CA SALARY IN INDIA
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The article is extremely informative.