CA Salary in India: Chartered Accountant Per Month Earnings

Chartered Accountants are among the highest-paid professionals, and the salary of a CA in India is in lakhs. The major reason for the high Chartered Accountant salary is the growth in the financial sector that also increased the demands of CA.

The average starting CA salary in India is between 8 to 9 lakhs rupees per annum and can reach up to 50 to 60 lakhs rupees. A CA earns 60,000-70,000 rupees monthly.

The big 4 companies, and MNCs in India, are among the biggest employers of CA and pay the highest salaries in India per month. Moreover, CAs working outside India can reach up to INR 70 to 80 lakhs per annum.

But to complete the CA course and earn high perks of money, a lot of hard work and discipline are required. You will also need a good CA articleship experience and clear the exams on the first attempt with an All India Rank.

In this article, you’ll know the Chartered Accountant’s starting, average and highest salary in India. Furthermore, we’ll also tell you the CA salary based on different factors such as experience, skills, job profile, location, and more.

CA Salary in India 2022

Key Takeaway:-

Based on the ICAI report 2022, the average CA salary in India is between Rs. 8 – 9 lakhs per annum and can go up to Rs. 50 – 60 lakhs.

  • CA Salary in India per month – Rs. 67,000.
  • Starting Salary of a Chartered Accountant – INR 8-9 Lakhs pa.
  • Salary of a CA Topper (Fresher) – INR 25 lakhs.
  • Highest Salary of CA in India – Rs. 60 Lakhs per annum.
  • Annual CA Package in India after 10 years – INR 30 lakhs.

CA Salary Comparison Between India & Other Countries

The salary given to Chartered accountants differs according to the country he is working in. There are higher demands for CA in certain countries than in others. Furthermore, the salary packages also depend on the standard of living, human resource value, financial sector and the size of businesses.

Check the below comparison table of CA salary in India vs other countries

CountryFresherExperience(4-5 yrs)Lowest SalaryHighest SalaryAverage Salary
IndiaINR 698.3kINR 1000kINR 437kINR 7mINR 804.3k
DubaiAED 100kAED 121kAED 27kAED 616kAED 119k
UK£28.4k£32.2k£24k£62k£ 35.9k
AustraliaAU$ 74.1kAU$64.1kAU$54kAU$113kAU$ 70.9

Chartered Accountant Salary in India 2022

Check out the average salary of a Chartered Accountant in India in the table below:

Table showing CA salary in India
ParticularsPer Annum SalaryMonthly Salary
FreshersINR 698.3kINR 58,200
Average Salary for FreshersINR 804kINR 67,000
Lowest salaryINR 437kINR 36,500
Experienced (2-3 yrs)INR 1100kINR 91,000
Highest SalaryINR 6000KINR 500,000

Also Check: CMA Salary in India

Starting Salary of CA in India per Month

The starting salary of a CA in India is around INR 67,000 per month. Moreover, the monthly income of a Chartered Accountant will depend on his rank in CA Final, articleship experience, job role and the company in which he is working.

Fresher CAs who have cleared the exams in the first attempt get higher salary packages of INR 12- 13 lakhs per annum. Moreover, the salary provided to a CA topper in India is INR 15 to 20 Lakhs per annum.

Table showing starting salary of a CA in India
CA Final cleared in many attemptsINR 8-9 Lakhs
CA Final cleared in 1st attemptINR 12-13 Lakhs
CA Final ToppersINR 15-20 Lakhs

Minimum Salary Package of a Fresher Chartered Accountant in India

The minimum package of a fresher Chartered Accountant in India is around INR 3 to 4 lakhs per annum. Generally, candidates who have cleared the CA exams in multiple attempts will get these low packages. But with consistent efforts and good performance, they can get a better salary in the long run.

However, we suggest you to work harder and clear the CA exams on the first attempt and get a high salary.

Highest Per Month Salary of a CA in India

The highest salary of a fresher CA in India is 2-2.5 lakhs per month. It is offered to candidates who topped the CA exams with an All India Rank. After getting experience and expertise, Chartered Accountants can earn upto 5 lakhs per month.

However, foreign companies also employ CAs from India and provide remuneration of up to INR 76 lakhs per annum in exchange for their services.

Furthermore, there are many chartered Accountants that have their own businesses and are earning crores.

Also Read: CA Course Duration

Chartered Accountant Salary Offered by Different Sectors in India 2022

The Big 4 CA Firms

CA Salary in India in the Big 4 firms

Big 4 defines the four most extensive accounting firm networks. It consists of E&Y, PWC, Deloitte, and KPMG. They are among the biggest employers and pay high CA salaries in India. Thousands of students work really hard to get a job in the big 4 firms.

The average CA salary paid by these big 4 firms ranges from INR 6-8 lakhs per annum for freshers. However, after getting experience and knowledge, these firms offer up to INR 25 lakhs per annum to a Chartered Accountant depending on his capability and skill.

Salary of fresher Chartered Accountants in the Big 4 firms:

Big 4 FirmLeast SalaryHighest Salary
 Deloitte LLPINR 45,000INR 60,000
PricewaterhouseCoopersINR 48,000INR 68,000
Ernst & YoungINR 40,000INR 63,000
KPMGINR 46,000INR 62,000

Multi-National Companies and FMCGs

Multinational and FMCG companies offer the starting CA salary of 18-25 lacs per annum. To get a job in multinational companies such as HUL, P&G, RB, and Marico, you need to get an AIR under 50 as they hire only ranked students.

Other than an attractive Chartered Accountant salary, you’ll get perks and financial benefits like free conveyance, leased car, accommodation, insurance and more.

CA Firms

The salary offered by top CA Firms generally ranges between INR 3-8 lacs per annum. Joining a CA firm in the initial years will give you great exposure and work experience. Here, a fresher Chartered Accountant learns how to deal with clients or income tax officers. Later, you can start your own practice and can earn higher perks of money.

IT Companies

The salary offered by IT companies to the fresher Chartered accountants ranges from INR 8 to 10 lakhs per annum. The experienced accountants will get around INR 50 lakhs per annum.

IT Companies like TCS, Wipro, and Infosys are best for CAs who don’t want to get an extra workload. In these companies, CAs enjoy a good job with a handsome package and less workload. Here, the work is to increase profit and reduce losses by using their analytical skills and knowledge.

However, being an enthusiastic Chartered Accountant, it is often not preferred as it will not upgrade your knowledge and expertise.

Public Sector Undertakings

Chartered Accountant salary in India offered in the PSUs

The CA salary offered by PSUs ranges between INR 7-15 Lacs per annum. However, the annual increment is very limited, but it is still a good option.

Government companies or PSUs like BSNL, ONGC, BHEL and GAIL hire many fresher CAs from the ICAI campus placement. These companies often shortlist the candidates on the basis of their marks ranging from 55% to 60%.


Indian banks such as ICICI, HDFC, SBI, PNB and others give an annual package of INR 8 to 10 per annum to CA. In the banking sector, there are various job roles available for Chartered Accountants like Analyst, Financial officer, Audit executive, etc.

Manufacturing Companies

The annual Chartered Accountant salary offered by the Manufacturing companies such as TCS and MRF ranges between INR 7 to 8 lakhs per annum. It has been seen that the initial packages are low, but the growth and increments are high.

chartered accountant salary in India

4 Factors Affecting CA Salary Packages in India

There are a lot of factors that affect how much a CA will earn and play a major role in determining their payslip. These factors are experience, skills, job profiles, the city in which they live, CA Final result, number of attempts, etc.

Factors Affecting CA Salary in India

CA Salary in India Based on Experience

Companies when recruiting a Chartered Accountant give importance to their experience in terms of the number of years and knowledge. The work performed by the CA in those years will impact his annual package.

In general, the CA salary in India is INR 20 lakhs pa for candidates with an experience of 5 years.

Table showing Chartered Accountant salary based on Experience
CA ExperiencePer Annum Salary
0-5 yearsINR 10-15 lakhs
CA salary after 10 yearsINR 23 lakhs
10-20 years INR 30 lakhs
Above 20 years INR 50-70 lakhs

Therefore, it is crucial for CAs to upgrade their knowledge for higher pay packages.

Chartered Accountant Salary Based on Skills

If a CA has analytical, compliance, and reporting skills, then he will get a higher salary than others.

Furthermore, a CA with hard skills like budget management, strategic accounting, management auditing, financial analysis, and controlling gets an average remuneration of more than INR 8 lakhs.

Given below is the table showing Chartered Accountants’ salaries in India on the basis of their skills.

Table showing Chartered Accountant earnings based on Skills
CA SkillsPer Annum Salary
Budget management INR 9.5-11 lakhs
Strategic accountsINR 8.9-9 lakhs
Evaluation and management auditingINR 8.5-9 lakhs
Financial analysisINR 8.5-8.8 lakhs
Financial advisorINR 8.5-8.75 lakhs
SAP financial accounting and
INR 8.10-8.25 lakhs
Financial reportingINR 8.-8.2 lakhs
Auditing INR 7-7.5 lakhs
Account management INR 7-7.25 lakhs
Internal auditINR 7.25-7.35 lakhs
Accounting INR 7.25-7.35 lakhs
Tax consultingINR 7.10-7.25 lakhs
Tax complianceINR 7-7.1 lakhs

CA Salary in Different Job Profiles

A CA has vast knowledge in various fields of finances and taxes and thus has a lot of job opportunities. He can go for Financial officer, Accountant, Finance Manager or Business Analyst.

Chartered Accountant Packages for Different Job profiles

Given below is the list of Chartered accountant salaries based on their work profiles.

Table showing CA salary based on different Work Profiles
CA Job ProfilePer Annum Salary
Financial officerINR 35 lakhs
Account executiveINR 25 lakhs
AccountantINR 25 lakhs
Finance controllerINR 19 lakhs
Finance managerINR 10 lakhs
Chartered accountantINR 7.25 lakhs
Financial analystINR 6 lakhs
Assistant account managerINR 5 lakhs
Senior account executiveINR 4 lakhs
Senior accountant INR 3.5 lakhs
Business analystINR 4 lakhs
Account assistant INR 2 lakhs

Must Check: Which is better CA or MBA?

Chartered Accountant Salary in India in Different Cities

Salary given to Chartered Accountants in different cities in India are:

  • CA salary in Gurgaon – INR 9.5 lakhs
  • CA salary in Mumbai – INR 8.8 lakh
  • CA salary in Chennai – INR 8.5 lakh
  • CA salary in Delhi – INR 7.5 lakh
  • CA salary in Guwahati – INR 6.2 lakh
  • CA salary in Punjab – INR 6 lakh
  • CA salary in Pune – INR 6 lakh
  • CA salary in Ahmedabad – INR 6 lakh
  • CA salary in Jaipur – INR 5 lakh

Highest Paying Companies to CA in India

As we all know that CA is among the highest-paid professions in India. There are many companies that are offering handsome salaries to a CA such as Reliance, ICICI Bank, TATA, Bharti Airtel and more. It is a dream of Chartered Accountants to get a job in these companies.

Now, let us check the companies that are paying the highest CA salary in India.

Table showing CA salary offered by Companies
CompanyCA Salary
MicrosoftINR 3 to 4 lakhs
TCSINR 7 to 8 Lakhs
Reliance IndustriesINR 11 to 13 LakhsLakhs
InfosysINR 8 to 10 Lakhs

You can check out the step-by-step process of becoming a CA in our detailed guide.

Does the Number of CA Exam Attempts Affect the CA Salary?

Are the Number of Attempts Impact the CA Salary

You might think that your rank will pull you back in the starting years to get your dream salary. It is true, but your hard work and smartness can lead you to the level you deserve.

Many people who have taken 2-3 attempts in CA Final started their career with one of the firms in the Big 4 with a starting package of just INR 6-8 lakhs, but in a span of 4-5 years, they have maintained a good position and their average salary rise to INR 24-25 Lakhs per annum. Also, many candidates left the Big 4 firms within one year due to the overload of work pressure.

How Can You Earn a High CA Salary in India?

Ways to get the highest CA annual packages

1. Get a High Rank in CA Exams

If you get a high rank in your CA Final exams, your chance of getting a good annual package increases. Chartered Accountants with an All India rank in CA Final exams are offered a salary of INR 20 to 25 lakhs per annum. Apart from that, you can even apply for jobs in big companies and the top 4 firms.

2. Clear CA exams in Fewer Attempts

If a candidate does not get an All India rank but clears the CA exams in one or two attempts, he can still earn a good monthly income. Based on the recruitment insights of the top CA firms in India, Chartered Accountants will surely get a salary of 14 to 15 lakhs rupees with fewer attempts.

You can apply for jobs in the big 4 firms and other CA firms. Moreover, you can also go for Government companies/PSUs, as they shortlist candidates according to their CA exam attempts.

To score high marks in the CA exams, you can join the VSI Jaipur Institute. VSI students till now got All India 1st rank 7 times.

3. Master Financial Accounting and Analysis

As a CA, your major role will be to manage the financial books and prepare budgets and statements. So, study how the financial statements are recorded and managed and how to analyse them to drive helpful insights. For this, you can enrol for online courses from trusted mentors. Furthermore, you can also follow the industry experts to learn their way of excelling in the work.

4. Learn Microsoft Excel

Every CA must have a good command of Microsoft Excel as it will be helpful in recording, managing and analysing financial data. Moreover, many companies have made it mandatory for the CAs to have a basic understanding of Excel. So, to learn excel, you can take online courses easily available on the web and use them in your daily tasks.

5. Join a Good Articleship Firm

Your CA articleship experience will play a crucial role in determining your salary in the initial years. Therefore, we recommend all the students join a reputed articleship firm and work harder. Do not skip articleship or go for dummy articleship. Your articleship experience will give you an upper edge over other candidates.

6. Make Your Communication Skills Strong

Good communication skills imply your ability to present your ideas in meetings confidently. If you can communicate well, it will help in your interviews to get shortlisted. And also will help you to gain promotions in long run. ICAI is also providing a communication course that you can pursue.

Income sources for CAs other than Salary

7. Locality of Service

The city or state in which you’re working will also have an impact on your salary. Some tier 1 cities offer high CA packages such as Mumbai and Delhi while the salary is low in tier 2 cities such as Jaipur and Ahmedabad. So, it is a good idea to choose a company located in metro (tier 1) cities.

Earnings of a Practicing Chartered Accountant

CAs who start their own practice can earn a handsome income based on their capabilities to get high-paying clients. On average, the annual income of a practising Chartered Accountant is around INR 20 to 22 lakhs. Furthermore, if he gets big clients, then he can easily earn around INR 50 lakhs per annum. However, the minimum salary a practising CA earns is around INR 10-11 Lakhs annually.

Practising CAs can earn a sound income by acquiring high-paying clients. On average, the annual income of a practising Chartered Accountant is around INR 20 to 22 lakhs. Furthermore, if he gets big-budget clients, then he can easily earn around 50 lakhs rupees yearly. However, the minimum earnings of a practising CA is around INR 10-11 lakhs annually.

What are the Income Sources for CA Other than Salary?

Apart from salary, the other income sources for CA are:

  1. Consultation Fees – CA who offers consultation services gets the fees. This fee will be based on the time duration of the consultation or based on the specific tasks.
  2. Commission – Companies offer a commission to CAs who solve certain financial problems like preparation of the merger books, presenting good books to get investors, etc.
  3. Bonus – CAs whose performance is good and benefits companies in earning higher profits get a bonus in addition to their salary.
Income sources for CA other than salary

Also Read: CA Course Fees in India

Frequently Asked Questions

Q 1. Are CAs rich in India?

Ans. Yes, there are many CAs that are working in large companies or started their own practices and are earning lakhs and even crores.

Q 2. Can a CA earn in Crores?

Ans. Yes, there are many Chartered Accountants in India such as CA Samir Shah, CA Ashwin Nair and many more that are making money in crores.

Q 3. Are Chartered Accountants the Highest paid professionals in India?

Ans. Chartered Accountants are surely the highest-paid professionals in India. The highest salary of a CA can reach up to 60 to 70 lakhs per annum.

Q 4. Who earns more Doctor, CA or Lawyer?

Ans. The CAs are earning better than doctors and lawyers when compared between salary, course, work, and duration.

Q 5. Which Industries pay high salaries to CA in India?

Ans. The top-paying industries for CAs are Accounting, Financial Services, Banks, IT & Consultation, and Construction.

Q 6. Which CA has the highest salary in India?

Ans. Kumar Mangalam Birla is the highest-paid Chartered Accountant all over India.

Q 7. What is the CA salary in Delhi?

Ans. In Delhi, the average CA salary per annum is INR 8,25,000.

Q 8. What is the CA salary in Mumbai?

Ans. In Mumbai, the average CA salary per annum is INR 8,80,000.

Q 9. Why do CA aspirants are wasting 5, 6 or more years under so much pressure when the average CA salary is just 7 to 8 lakhs?

Ans. It must be noted that 7-8 lakhs is the average salary of a CA fresher. If you were able to get an AIR and clear the exams in 1-2 attempts, your starting package will be 15 to 20 lakhs. Moreover, even if CA starts with a low package, the growth & salary in this profession is very high.

Q 10. Do those who clear the CA exam on the first attempt earn more salary?

Ans. Yes, candidates who have cleared the CA exams earn a higher salary. They might get an annual package of Rs. 13-15 lakhs per annum.

Q 11. Is it tough to become a CA?

Ans. Yes, it is tough to become a Chartered Accountant. To become a CA, you need to clear the CA exams which are considered the most difficult exams in India.