Beyond Numbers: Revealing the Lucrative Earnings Potential for Chartered Accountants in India in 2023

A Chartered Accountant (CA) in India earns an average salary of around INR 8.5 lakhs per year, depending on experience and expertise.

Entry-level CAs can expect a starting salary ranging from INR 8 to 9 lakhs per annum which increases gradually with experience.

With 3 to 5 years of experience, CAs can earn an average salary of Rs 12 to 20 lakh per annum, which can increase their earning potential substantially.

A CA’s salary is influenced by many factors which are explained in detail in the further slides. Read further to know them

While recruiting a CA, companies take experience into consideration in terms of number of years, these number of years impact the annual package of the CA.

Industries such as banking, finance, consulting, and IT often offer higher salary packages to CAs due to the specialized financial expertise they bring to the table.

Metropolitan cities like Mumbai, Delhi, Bangalore, and Chennai tend to offer higher salaries to CAs compared to smaller towns and cities.

Being a CA opens doors to various high-paying roles like financial manager, accountant, and more, with salaries varying based on the chosen role.

CAs who establish successful private practices or become partners in accounting firms have the potential to earn significantly higher salaries, often crossing the INR 1 crore mark per year.

Income sources of CA Except salary, CA can earn from the following sources:                 – Consultation Fees                 – Commission                 – Bonus

Curious to learn more about CA salaries in India and take your career to new heights? Visit the VSI Jaipur webpage for detailed insights and expert guidance.