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Authored by, Amay Mathur | Senior Editor
Amay Mathur is a business news reporter at Chegg.com. He previously worked for PCMag, Business Insider, The Messenger, and ZDNET as a reporter and copyeditor. His areas of coverage encompass tech, business, strategy, finance, and even space. He is a Columbia University graduate.
Chartered Accountancy (CA) is among the most esteemed and lucrative professions in India. For many aspiring professionals, salary prospects play a crucial role in their decision to pursue this career path. Understanding the salary range and the factors influencing it is vital for effective career planning. In this blog, we will explore the salary of CA in India in detail, breaking it down by experience level, industry, location, and employment type, and discussing salary growth and additional benefits.
Chartered accountants are the accounting professionals of an organization. They hold an important role in the finance and accounting field. The CA regulates and manages the financial operations of a business enterprise and keeps an eye to find the deficiencies in the financial structure of a company.
They carry out several tasks, such as preparing books of accounts, capital budgeting, tax planning, budget forecasting, etc.
Chartered accountants also contribute to the fields like auditing and assurance, management accounting, financial accounting, and reporting. The efficiency of operating these works generally determines the salary of a chartered accountant in India.
The salary of a Chartered Accountant (CA) in India depends on various factors such as the company they work for, industry, geographical location, and experience. The starting salary of a CA in India is approximately ₹37,000 per month. Here, you will learn how these factors influence the Salary of CA in India.
As a fresher, you might have less amount of salary. With the gradual increase in the experience, the salary increases too.
| Years of Experience | Average Salary (in INR) |
| 0- 2 Years | 7 LPA |
| 3- 5 Years | 7.5 LPA |
| 6-8 Years | 9 LPA |
| 9 or more | 11 LPA |
The big MNCs and various companies provide a good salary for employees appointed as their CA. Those companies are as follows:
| Company | Average Salary (in INR) |
| Ernst & Young | 13.9 LPA |
| Deloitte | 18.6 LPA |
| KPMG | 19.4 LPA |
| Wipro | 10.8 LPA |
| Reliance Industries | 17.1 LPA |
The Government Sector provides numerous job opportunities for a Chartered Accountant to work for the Government established institutions. You can refer them for the analysis of a CA salary.
| Company | Average Salary (in INR) |
| State Bank of India (SBI) | 1-14 LPA |
| Institute Of Chartered Accountants | 1-6 LPA |
| ONGC | 16-19 LPA |
| CSPDCL | 3-4 LPA |
| Canara Bank | 1-2 LPA |
With states and their different tax regulations, CA’s are paid based on their location. This plays a major role towards the salary factor.
| Cities | Average Salary (in INR) |
| Delhi | 11 LPA |
| Bengaluru | 11.5 LPA |
| Gurugram | 11.6 LPA |
| Kolkata | 11.9 LPA |
| Mumbai | 11.1 LPA |
There is a difference in the salary of a Chartered Accountant in India based on skills. Here are some of the skills that a CA is hired for.
| Skills | Average Salary(in INR) |
| Financial Reporting | 8.2 LPA |
| Budget Management | 12 LPA |
| Auditing | 7 LPA |
| Strategic Accounts | 13.5 LPA |
| SAP Financial Accounting and Controlling | 8 LPA |
| Account Management | 7.5 LPA |
A CA is highly qualified and has experience in other roles as well. They are hired in some of the job profiles listed below.
| Job Profile | Average Salary(in INR) |
| Finance Controller | 24.5 LPA |
| Finance Manager | 16.8 LPA |
| Business Analyst | 4 LPA |
| Finance Officer | 5 LPA |
| Senior Account Executive | 4.8 LPA |
The chartered accountancy certification is offered by the Institute of Chartered Accountants of India (ICAI). To enroll in the CA program, candidates must fulfil the eligibility criteria and clear the respective exams.
The eligibility criteria for pursuing the CA course are as follows:
To be a chartered accountant, one has to clear some milestones in the form of exams which are mentioned below:
After clearing the final exam, one can be certified as a chartered accountant by The Institute of Chartered Accountants of India.
The chartered accountancy course is designed for students who want to delve deeper into the finance and accounting domain. The course imparts in-depth knowledge of accounting and taxation and trains them to deal with real-world problems.
The scope of CA is pervasive that is it is not limited to any particular working sector. Chartered accountants can work in several national and international business firms. You can also get employed in various government institutions or start offering your services as an entrepreneur.
The following points can enable a CA to get paid the highest salary of a chartered accountant in India.
The average salary of CA in India is a significant factor in attracting individuals to this prestigious profession. The remuneration for Chartered Accountants varies based on factors such as experience, industry, and location. Here’s a detailed look at the salary of a Chartered Accountant in India:
To be eligible for a position in a Multinational company or the Fast Moving Consumer Goods (FMCG) sector, a new Chartered Accountant (CA) must typically rank within the top 50 in their field. Leading firms in these sectors, such as HUL (Hindustan Unilever), P&G (Procter & Gamble), Marico, and RB (Reckitt Benckiser), are highly sought-after employers. These companies require qualified experts to manage their complex financial and accounting needs, and the salary of a Chartered Accountant in India in these organizations reflects their prestigious status.
The Salary of CA in India in these top-tier companies starts between ₹18 lakh and ₹25 lakh per annum. This competitive starting salary is a reflection of the high standards and qualifications required to join these industry leaders. To secure a position, new CAs need to pass the necessary examinations, demonstrating their expertise and readiness for high-profile roles.
In addition to the attractive Salary of CA in India, these multinational and FMCG companies offer a range of benefits. Employees often enjoy amenities such as free transportation, rented housing, and company vehicles. Financial advantages also include comprehensive life, health, and property insurance, enhancing the overall compensation package and making these positions highly desirable.
Chartered Accountants (CAs) are vital for managing risk, enhancing earnings, and reducing losses, thereby ensuring smooth business operations. In India, the salary of CAs reflects their significant contributions. In leading IT companies like TCS, Wipro, Infosys, and Reliance Industries, CAs receive competitive salaries. Freshers typically earn between ₹8 lakhs and ₹10 lakhs annually, while experienced professionals can earn between ₹40 lakhs and ₹60 lakhs annually. CAs handle key tasks such as bookkeeping, financial statement preparation, and auditing to ensure compliance with accounting standards and maintain the company’s reputation. Although career advancement in these sectors may be limited, the salary of CA in India remains fair and substantial.
| Company Name | CA Salary in India (Average) |
|---|---|
| EY | 9.93 lakh per annum |
| Deloitte | 12.06 lakh per annum |
| KPMG | 11.17 lakh per annum |
| PwC | 10.34 lakh per annum |
| ICICI Bank | 8.26 lakh per annum |
| ICAI | 9.06 lakh per annum |
| Infosys | 9.45 lakh per annum |
| Grant Thornton | 7.7 lakh per annum |
| Accenture | 8.75 lakh per annum |
| TCS | 9.69 lakh per annum |
| ABC | 10.05 lakh per annum |
| BDO | 9.71 lakh per annum |
| BSR & Co. | 10.08 lakh per annum |
| Wipro | 11.45 lakh per annum |
| Genpact | 7.18 lakh per annum |
| Reliance Industries | 13.33 lakh per annum |
As a chartered accountant, you need to have a strong foundation in financial knowledge. This includes understanding financial statements, tax laws, auditing procedures, and financial analysis. Having basic financial knowledge is a must for getting a well-paid CA salary in India.
The salary of a Chartered Accountant in India is well-paid not just because they look after companies’ accounts and taxes. CAs help organizations expand their business by providing financial advice, to do so they need to have great business skills.
To get a good salary as a Chartered Accountant in India you should know how to use the accounting software. This makes you more relevant in modern times and helps you do your work easily. So, learn using the software used in accounting firms.
Having soft skills like strong analytical skills to assess financial data, identify trends, and make informed decisions is also important for CA. It involves critically analyzing numbers, recognizing patterns, and drawing meaningful conclusions.
If you want to make good professional relationships, climb the career ladder and good salary for a Chartered Accountant in India then you need to sharpen your communication skills. Network with the right people and gain experience.
The Big 4 accounting firms—KPMG, EY, PWC, and Deloitte—dominate both public and private audits, attracting top chartered accountants for articleships and full-time roles. Starting salaries for fresh hires begin at 11 lakhs, growing to an average of 24-25 lakhs after 4-5 years. Growth potential is limitless, with salaries dependent on daily performance and experience.
Top companies like MARICO, HUL, RB, and P&G prefer top-ranking CAs (ranks 1-50) from chartered accountant exams, valuing those with fewer attempts and higher marks. These companies offer coveted benefits and seek skilled accountants to manage their finances.
In the IT industry, companies like Infosys, TCS, Wipro, and Reliance Industries offer lucrative roles for CAs, starting from 8-10 lakhs and climbing to 40-60 lakhs with experience. Continuous knowledge updating is crucial in this field.
In Public Sector Undertakings (PSUs) like BHEL, ONGC, SAIL, CIL, and NTPC, fresher CAs with 55-60% marks in CA finals (two or more attempts) can secure positions. Annual earnings in PSUs range from 8 to 20 lakhs. While PSUs offer stability, they might lack the growth opportunities of the Big 4.
| Companies | Salary Package |
| Reliance Industries | 12 LPA |
| Deloitte | 10.9 LPA |
| KPMG | 10 LPA |
| Hindustan Unilever Ltd. | 12 LPA |
| ICICI | 8 LPA |
| Aditya Birla Sun Life | 9.5 LPA |
| ITC | 22 LPA |
| Tata | 8.6 LPA |
| SBI | 11 LPA |
| Bharti Airtel | 6 LPA |
The initial Salary of CA in India may depend upon factors like the number of attempts or marks or even the candidate’s rank. Still, later on, all that matters is the knowledge, skills, passion for learning every day, and the capability to withstand the obstacles and handle the stress that comes with the work.
Those with a sheer will and appropriate skills can earn pretty well. When one is working long and smart daily and constantly learning to deal with the day-to-day changing world, there is no limit to a charted accountant’s salary in India.
Ans. The average salary of a chartered accountant in India is around INR 7 lakhs per annum. This states that a CA earns around 58,000 in a month. This can increase greatly depending on the knowledge and skills acquired by the professional in the course of work. The CA salary majorly depends on the work experience.
Ans. A Chartered Accountant with 5-10 years of experience can earn up to INR 25-30 lakhs annually, which translates to approximately INR 2.08-2.5 lakhs per month or more.
Ans. The CA designation itself is one of the highest-paying career options however, chartered accountants also get recruited at various reputed job profiles. Some of the fields of CA that earn more are the account executive, finance controller, finance analyst, finance manager, business analyst and many more.
Ans. CA and MBA both are prestigious and highly in-demand courses that lead to successful careers in future. Once a candidate clears the CA exam and works in a reputed organization, they can earn around INR 8-9 lakhs per annum. And after completing an MBA course one can earn around INR 7-8 lakhs per annum, which clearly states that CA earns more than MBA.
Ans. Although CAs in India are quite well paid, however, the Chartered Accountant Salary in the United States of America (USA) is the highest. So, if you are planning to move abroad and work as CA then choosing USA is a great choice.
Ans. In India, the average salary for a CA fresher is estimated to be ₹9,50,000 per year, which is 36% higher than the estimated average salary of ₹6,96,000 per year at Big 4 Consultancy Firms for the same role.
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Chegg India does not ask for money to offer any opportunity with the company. We request you to be vigilant before sharing your personal and financial information with any third party. Beware of fraudulent activities claiming affiliation with our company and promising monetary rewards or benefits. Chegg India shall not be responsible for any losses resulting from such activities.
