CA Salary in India | Chartered Accountant Annual Salary in 2022

Chartered Accountancy is one of the most chosen careers in India. There are many reasons to choose a Chartered Accountancy career, but the major reason is the high CA salary in India.

Students interested in Accounts, Finances, and taxation generally go for CA. But, seeing the growth in demand for CAs and handsome Chartered Accountant salaries, students from different fields are also joining the CA course. Now, let’s know how much a CA earns in India?

According to the reports, the average CA salary in India is between 8 to 9 lakhs per annum. Furthermore, the package of the experienced Chartered Accountants can reach up to Rs. 70-80 lakhs per annum in India.

A fresher CA having a rank in CA Final, good articleship experience and knowledge can get a better starting CA salary in India.

In this article, you’ll know about the CA salary in India annually and monthly based on different factors. You’ll also know the annual packages of Chartered Accountants offered by various industries.



What is the CA Salary in India?

The average CA salary in India is ₹8,04,821 per annum. That shows the monthly earnings of a Chartered Account is Rs. 67,000 in India. Furthermore, the package of the experienced Chartered Accountants can reach up to Rs. 70-80 lakhs per annum in India.

Check the salary of a CA in India in the table below:

ParticularsSalary
Freshers₹698.3k
Experienced (2-3 yrs)₹1100k
Lowest salary₹437k
Average Salary₹804k
Highest Salary₹7000k-8000K

Starting Salary of a CA in India

The starting salary for CA freshers in India ranges between 8 to 9 lakhs per annum. So after completing the CA course, the starting CA salary you’ll get is around Rs. 67000 per month. The package of a fresher Chartered Accountant will be affected by his rank, articleship experience, job role and the company.

Moreover, the salary offered to a CA topper in India is 15 to 20 Lakhs per annum. Chartered Accountants who have cleared the exams in the first attempt also get higher salary packages.

Least Package of a Chartered Accountant

The minimum Chartered Accountant package in India is around 3 to 4 lakhs per annum. It might be low for some candidates. But with consistent efforts and good performance, they can earn higher in the long run.

In Between CA Packages

Chartered Accountant with an experience of 5 years can earn around 15 to 20 lakhs per annum. In foreign companies, they can get a better annual package.

CAs who are into MNCs enjoy a higher income. Whereas the CAs employed in public sector companies enjoy fixed working hours and less work pressure.

The average CA salary in India vs other countries:

CountryFresherExperience(4-5 yrs)Lowest SalaryHighest SalaryAverage Salary
USA$51.1k$78.7k$28k$267k$80k
DubaiAED 100kAED 121kAED 27kAED 616kAED 119k
UK£28.4k£32.2k£24k£62k£ 35.9k
India₹698.3k₹1000k₹437k₹7m₹804.3k
AustraliaAU$ 74.1kAU$64.1kAU$54kAU$113kAU$ 70.9

Highest CA Salary in India

The highest CA salary in India can go up to 70 to 80 lakhs per annum. When calculated on a monthly basis, a CA can earn a salary of Rs. 6 to 7 lakhs per month. However, there are many chartered Accountants that have their own businesses and are earning in crores.


Industry-wise Chartered Accountant Salary in India 2022

The Big 4 CA Firms

CA Salary in India in the Big 4 firms

Big 4 defines the four biggest accounting firm networks. It consists of E&Y, PWC, Deloitte, and KPMG. They are also among the biggest employers and are paying high CA salaries in India. The average salary of CA in these organizations ranges from 6-8 lakhs for fresher.

However, after getting experience and knowledge, these firms offer up to 25 lakhs to a Chartered Accountant depending on his capability and skill.

So, check out the starting salary of CA in India in the big 4 firms per month from the table below.

Salary offered by Big 4 firms to the fresher Chartered Accountants in India is:

FirmLeast SalaryHighest Salary
 Deloitte LLP45,00060,000
PricewaterhouseCoopers48,00068,000
Ernst & Young40,00063,000
KPMG46,00062,000

CA Salary in India in the Multi-National Companies

The starting salary of a CA offered by the Multinational companies ranges between Rs 18-28 Lacs annually. To get shortlisted with these multinational companies such as HUL, P&G, RB, and Marico, you need to get an AIR under 50. As they select only ranked students, jobs offered by them look like a dream come true.

Salary offered by CA Firms

Candidates wishing to start their own practice after some years of experience join CA Firm, which gives them great exposure and work experience. The salary offered by CA Firms generally ranges between 3-8 lacs. Here, a fresher Chartered Accountant learns how to deal with clients or income tax officers.

Earnings of a Practicing Chartered Accountant

CAs who start their own practice can earn a handsome amount based on their capabilities to get high-paying clients. On average, the annual income of a practising CA is around 20 to 22 lakhs. Furthermore, if he gets big clients, then he can easily earn around 50 lakhs per annum.

Chartered Accountant Salary offered by IT Companies

IT Companies like TCS, Wipro, and Infosys are best for people who don’t want to get an extra workload. In these companies, candidates enjoy a good job with a handsome package and less workload. Here, the fresher Chartered accountants will get a pay package ranging from 8 to 10 lakhs. However, being an enthusiastic Chartered Accountant, it is often not preferred as it will not upgrade your knowledge and expertise.

How much CA Salary in India is offered in the Public Sector Undertakings?

chartered accountant salary in India offered in the Public Sector Undertakings

PSUs like BSNL, ONGC, BHEL, and GAIL hire many fresher CAs 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 Lacs. However, the annual increment is very limited, but it is still a good option.

Now you have a good idea about the CA salary in India, but there is a question that every CA aspirant has in their minds, i.e., what about the number of attempts. You might think that your rank will pull you back in the starting years to get your dream job. 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 6-8 lakhs, but in a span of 4-5 years, they have maintained a position where they are earning an average salary of 24-25 Lakhs per annum. Also, many candidates left within one year due to the overload of work pressure.


CA Salary in India Based on Different Factors

There are a lot of factors that affect how much a CA will earn and play an essential role in determining their payslip. A Chartered Accountant’s salary can be different based on the experience, skills, job profiles, city in which they live, marks in CA final, number of attempts, etc.

Given below is the salary of a Chartered Accountant on the basis of various factors.

CA Salary in India Based on Experience

Check how much salary a CA gets based on their experience:

Year of ExperienceCA Salary P.A.
0-5 years7 lakhs
5-10 years 12 lakhs
10-20 years 20 lakhs
Above 20 years 50-70 lakhs

CA Salary in India on the Basis of Skills

If a candidate has good skills, then he will get a higher package than others. There are three soft skills that must be there in a Chartered Accountant. These soft skills are analytical, compliance, and reporting skills.

A CA with hard skills like budget management, strategic accounting, management auditing, financial analysis, and controlling gets an average salary of more than 8 lakhs. Given below is the table showing Chartered Accountants’ salaries in India on the basis of their skills.

SkillsSalary Per Annum
Budget management 9.5-11 lakhs
Strategic accounts8.9-9 lakhs
Evaluation and management auditing8.5-9 lakhs
Financial analysis8.5-8.8 lakhs
Financial advisor8.5-8.75 lakhs
SAP financial accounting and
controlling
8.10-8.25 lakhs
Financial reporting8.-8.2 lakhs
Auditing 7-7.5 lakhs
Account management 7-7.25 lakhs
Internal audit7.25-7.35 lakhs
Accounting 7.25-7.35 lakhs
Tax consulting7.10-7.25 lakhs
Tax compliance7-7.1 lakhs

CA Salary in India of Different Job Profiles

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

Job ProfileCA Salary per annum
Financial officer35 lakhs
Account executive25 lakhs
accountant25 lakhs
Finance controller19 lakhs
Finance manager10 lakhs
Chartered accountant7.25 lakhs
Financial analyst6 lakhs
Assistant account manager5 lakhs
Senior account executive4 lakhs
Senior accountant 3.5 lakhs
Business analyst4 lakhs
Account assistant 2 lakhs

Chartered Accountant Salary in India in Different Cities

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

CitySalary
Gurgaon9.5 lakh
Chennai8.5 lakh
Mumbai7.5 lakh
Delhi7 lakh
Guwahati6.2 lakh
Punjab6 lakh
Pune6 lakh
Ahmedabad6 lakh
Jaipur5 lakh

CA Salary Offered by Various Companies

CompanySalary
Microsoft3 to 4 lakhs
TCS7 to 8 Lakhs
Reliance Industries11 to 13 LakhsLakhs
Infosys8 to 10 Lakhs

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


How to Get a High CA Salary in India?

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. Students with an All India rank can easily get 20 to 25 lakhs per annum. You can apply for jobs in bigger companies and the top 4 firms.

2. Clear CA exams in less attempt

If a candidate does not get an All India rank but clears the CA exams in one or two attempts, he can also earn a good monthly income. Based on our experience and the recruitment insights of various firms, Chartered Accountants will surely get high salaries with fewer attempts.

3. Increase your Knowledge

CAs with good knowledge might not get a good starting salary. But their growth in terms of work and income is always high. So, try to increase your knowledge in the core areas of your work. This will help you in getting a high CA salary in India.

4. Join a good Articleship Firm

Your CA articleship experience will play a role in determining your salary in your initial years. Therefore, we recommend all the students to join a reputed articleship firm and work harder. Your articleship experience will give you an upper edge over other candidates.

5. Good Communication Skills

Good communication skills imply your ability to present your ideas, thoughts, opinions, and listening skills. If you can communicate well, it will help in your interviews and get shortlisted. Also, soft skills like communication skills will help in getting promotions.


FAQs about CA Salary in India

Q 1. What is the CA salary in India per month?

Ans. The CA salary in India per month is around Rs. 67000. The Chartered Accountant’s salary will be based on various factors such as skills, abilities, job profiles, work experience, city, and others.

Q 2. What is the highest monthly CA salary in India?

Ans. The highest CA salary in India per month is around 6 – 7 lakhs per month. However, if you have your own company or agency, then you can earn even higher.

Q 3. 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 getting CA salaries in crores.

Q 4. Is CA the highest paying job?

Ans. Among the highest paying jobs in India, such as Data scientists, Medical professionals, Investment bankers, and Chartered Accountantany are also listed.

Q 5. Who earns the highest CA salary in India?

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

Q 6. How Much Does a Chartered Accountant Get Paid in the Big 4?

Ans. The average salary offered by these firms ranges from 6-8 lakhs for fresher. After gaining experience, these firms offer up to 25 lakhs to a Chartered Accountant depending on his capability and skill.

Q 7. What is the CA salary in Delhi?

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