CA Salary in India: Chartered Accountant Average Package
CA salary in India- Chartered Accountancy is one of the most sought after professions in India in the field of Accounting and Finance. The CA profession is regulated by ICAI which reports that every year over 1 lakh aspirants register for it. It is a tough profession but salaries are high. Read here all about CA salary in India.
CA salary in India- Chartered Accountancy or CA is one of the most popular careers in Finance, mainly because it is very lucrative. CA salary in India and across the world in pretty high and there are several benefits attached.
Chartered Accountancy is regulated in India by the Institute of Chartered Accountants in India (ICAI ). To make a career in Chartered Accountancy, aspirants have to pursue the ICAI CA courses which included three levels – CA Foundation, CA Intermediate and CA Final. After completing these three levels, the students are certified as a CA and are eligible to pursue it professionally.
CA Salary in India
CA salary in India is in the same range as that of senior managers in MNCs. Chartered Accountants in their professional practice earn a lot, be it as independent auditor or as a company executive. Since, CAs handle the most critical aspects of an organization – finances and taxes, they are considered the backbone. With responsibilities come the perks. Hence, the high range of salary offered in India.
Highest, Lowest and Average CA Salary Package in India
As per the market trends, the highest CA salary in India is around INR 75 lakh per annum whereas, the lowest CA salary in India is around INR 3 lakh per annum (beginners level). The average CA salary in India is between INR 8 lakh to 12 lakh per annum. Public sector salary ranges between INR 8 to 20 lakh per annum along with benefits.
CA Salary in India-Top Companies
While the starting salary is INR 6-8 lakh per annum, CA salary in India for top companies can go up to INR 23-25 lakh per annum with experience. Take a look at the average base salary offered to CAs in top companies in India. These salary figures have been sources from glassdoor.co.in.
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 Thorton |
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 |
CA Salary in India- Public Sector
Through campus placements and recruitment drives by ICAI, CA freshers get placed at several well recognized organisations. The fact the Chartered Accountants are required not only at big private companies but also government and public sector organisations, it widens the scope of career in this field.
CA certificate holders who have cleared the ICAI CA Final exams have the option to choose a career in private sector or public sector. While the ultimate goal of a career driven CA in private sectors is to get into the Big 4, there are many who prefer to join companies National Thermal Power Corporation (NTPC), Steel Authority of India (SAIL), Bharat Heavy Electrical Ltd. (BHEL), Coal India Ltd (CIL), and Oil and Natural Gas Corporation (ONGC). Public sector companies have their own benefits, such as job security, fixed salary and limited working hours. They are also not too far behind private sector companies in salary range (INR 8 lakh to 20 lakh per annum basis experience).
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