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CA SALARY IN INDIA

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 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 Registered9011
No. of candidates finally appeared for the interview 6646
Number of Jobs Offered by the participating companies3815
Number of Jobs Accepted by the candidates3180
Highest salary (cost to company) offered for domestic postingINR 22.50 Lac (Per Annum)
Highest salary (cost to company) offered for International postingINR 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 above730
Rs. 7,50,000 to Rs. 9,00,0001748
Rs. 6,00,000 to Rs. 7,50,000558
Rs. 5,00,000 to Rs. 6,00,000128
Rs. 4,50,000 to Rs. 5,00,00016
Total3180

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 :

YearDomestic ( In Rs )International (in Rs)
201922.50 Lac p.a36 Lac p.a
201822.62 Lac p.a35 Lac p.a
201721.00 Lac p.a43 Lac p.a

CA Average Salary package for a Fresher

The Average Salary package of  CA annually is given below :

YearAverage Salary
2019INR 7.43 Lakh (Per Annum)
2018Rs. 8.83 Lakh (Per Annum)
2017Rs. 8.48 Lakh (Per Annum)
2016Rs. 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:

YearDomestic ( In Rs )International (in Rs)
20191.87 Lac p.m3.00 Lac p.a
20181.88 Lac p.m2.91 Lac p.a
20171.75 Lac p.m3.58 Lac p.a

You can read our article related to CA topper salary here :

CA Topper Salary package

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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.

EXPERIENCEANNUAL AVERAGE SALARIES
Less than a yearINR 2.4 lakh to INR 11 lakh
1-4 yearsINR 3 lakh to INR 11 lakh
5-9 yearsINR 3.5 lakh to INR 20 lakh
10-19 yearsINR 5 lakh to INR 25 lakh
20 years and moreINR 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:

SKILLSANNUAL AVERAGE SALARIES
AccountingINR 6.3 lakh
AuditingINR 6.9 lakh
Internal AuditINR 6.1 lakh
Financial ReportingINR 6.7 lakh
SAP FICOINR 6.6 lakh
Tax ConsultingINR 6.6 lakh

Salaries based on Cities:

Variations in salary ranges based on differences in costs of living in prime cities also exist:

CITYANNUAL AVERAGE SALARIES
New Delhi, DelhiINR 2.4 lakh to INR 10 lakh
Hyderabad, Andhra PradeshINR 3 lakh to INR 20 lakh
Mumbai, MaharashtraINR 3.7 lakh to INR 20 lakh
Chennai, Tamil NaduINR 3.4 lakh to INR 20 lakh
Bengaluru, KarnatakaINR 2.4 lakh to INR 20 lakh

CA SALARY IN INDIA

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1 comments
  1. vatsala says:

    The article is extremely informative.

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