Chartered Accountancy (CA) is one of India’s most respected and rewarding careers. CAs are experts in managing finances, handling taxes, and auditing accounts. They help businesses stay financially healthy and follow legal rules. But being a CA isn’t just about numbers—it’s about making smart decisions and guiding companies to success.
One of the biggest questions students often ask is, “What is CA Salary in India?” The answer depends on experience, where they work, and their skills. But one thing is clear: CAs have great earning potential.
In this blog, we’ll break down everything about CA salaries in India, from starting salaries to the highest-paying roles. We’ll also guide you on how to become a CA and why it’s such a popular career choice. Whether you’re a student or just curious about the profession, this guide will give you all the answers.
What Is a CA Salary in India?
According to different data available on platforms like AmbitionBox and Glassdoor, the average salary of a Chartered Accountant (CA) in India can range from INR 10 LPA to INR 15 LPA with a Starting salary of 8-6 LPA which can increase by experience one will gain.
However, this figure can vary widely depending on experience, location, specialization, and organization. For instance, experienced CAs working in top-tier firms or high-demand industries like finance, taxation, or consulting can command significantly higher salaries, often exceeding INR 20 lakh per year.
Highest Salary Of CA in India Per Month
Chartered Accountants (CAs) in India, particularly those with significant experience and expertise in specialized fields like taxation, auditing, or corporate finance, can command substantial salaries. The highest salary for a Chartered Accountant (CA) in India is estimated to be around INR 6 lakhs per month. Top CAs working for big international companies, consulting firms, or well-known businesses can earn even more than that. But it’s important to remember that this is the highest amount, and salaries can be very different depending on how long you’ve been a CA, what you specialize in, who you work for, and where you live.
Starting Salary Of CA In India Per Month
The starting salary for a Chartered Accountant (CA) in India is estimated to range between INR 50,000 –65,000 lakhs per month. Remember that this figure can vary based on factors like the specific organization, location, and the individual’s performance during their articleship. As a CA gains more experience and expertise, their monthly salary can significantly increase.
CA salary in Top Companies in India
Top Recruiters | Salary |
EY | INR 8 LPA- INR 11 LPA |
Deloitte | INR 7 LPA – INR 14 LPA |
KPMG | INR 8 LPA – INR 13 LPA |
PwC | INR 8 LPA – INR 12 LPA |
ICIC Bank | INR 7 LPA – INR 9 LPA |
Reliance Industries | INR 5 LPA – INR 17 LPA |
Infosys | INR 9 LPA – INR 11 LPA |
Wipro | INR 3 LPA – INR 17 LPA |
Kotak Mahindra bank | INR 7 LPA – INR 14 LPA |
ICAI | INR 6 LPA – INR 12 LPA |
Why CA Is A High-Paying Career
- High Demand Across Industries: Every business needs someone to manage its finances, file taxes, and ensure compliance with financial laws. This is where CAs come in. From small startups to big multinational corporations, everyone depends on CAs to keep their financial systems running smoothly. Because of this universal need, there’s always a high demand for qualified CAs.
- Specialized Knowledge and Skills: Becoming a CA isn’t easy—it requires years of hard work, dedication, and passing tough exams. Once you qualify, you gain specialized knowledge in areas like taxation, auditing, and financial planning. These are skills that companies are willing to pay a premium for, as they are critical to business success.
- Key Role in Decision-Making: CAs are not just number crunchers; they are strategic advisors. They help businesses plan investments, cut costs, and comply with regulations. Their insights can save companies from financial trouble and help them grow. This makes CAs valuable, and companies are ready to pay well to keep them on board.
- Opportunities for Growth: The career of a CA is filled with opportunities to grow. Many CAs start in entry-level roles but quickly climb the ladder to senior positions like Finance Manager, Chief Financial Officer (CFO), or even Chief Executive Officer (CEO). As you gain experience and expertise, your salary keeps increasing.
- Global Recognition: The CA qualification from India is recognized in many countries like the UAE, Canada, and the UK. This opens up opportunities to work abroad, where salaries are even higher than in India.
What Is The Role Of A Chartered Accountant?
A Chartered Accountant (CA) is a highly skilled professional who manages a company’s finances. They are experts in areas like accounting, auditing, taxation, and financial planning. CAs ensure that businesses follow legal rules and help them make smart financial decisions.
CAs are certified professionals who complete their training and pass the exams conducted by the Institute of Chartered Accountants of India (ICAI). This makes them eligible to work in a wide range of industries, from startups to multinational companies, or even start their own practice.
In India, being a CA is not just a job—it’s a symbol of trust and expertise. Companies rely on CAs to handle their money matters and ensure everything is in perfect order.
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Factors That Influence CA Salaries In India
- Performance in CA Exams: How well you perform in your CA exams can have a direct impact on your starting salary. Rank holders and first-attempt qualifiers often secure higher-paying jobs, especially during campus placements.
- Experience: A CA’s salary grows with experience. Freshers typically start with a decent package, but as they gain expertise and move into senior roles, their earning potential increases significantly.
- Industry and Sector: The industry you work in plays a big role. Corporate jobs, especially in sectors like banking, finance, and IT, offer higher salaries compared to mid-sized firms or government roles.
- Location: CAs working in metro cities like Mumbai, Bengaluru, and Delhi usually earn more than those in smaller towns due to the higher demand and cost of living.
- Specialization: Specializing in areas like International Taxation, Forensic Auditing, or Financial Planning can open up high-paying opportunities. Employers value niche expertise.
- Type of Employer: The salary varies depending on whether you work in a Big 4 firm (Deloitte, PwC, EY, KPMG), a mid-sized firm, or a multinational corporation. Big 4 firms and MNCs often offer the highest packages.
How To Become A CA In India?
Step 1: Register for the CA Foundation Course: You can start your CA journey after completing Class 12 by registering for the CA Foundation course through the official ICAI website. This is the first step toward becoming a Chartered Accountant.
Step 2: Study and Prepare for the CA Foundation Exam: The CA Foundation course is divided into four subjects across two groups. Dedicate time to studying each subject thoroughly, as these exams test your understanding of the basics of accounting, business laws, mathematics, and economics. The exams are conducted twice a year, typically in May and November.
Step 3: Enroll in the CA Intermediate Course: Once you clear the CA Foundation exam, you can enroll in the CA Intermediate course. This stage dives deeper into accounting, auditing, taxation, and related topics, helping you build a solid foundation for your career as a CA.
Step 4: Begin Articleship Training: Before appearing for your CA Intermediate exams, you need to complete a mandatory 3-year articleship. This hands-on training, conducted under a practicing CA or CA firm, is essential for gaining real-world experience in the field.
Step 5: Attempt the CA Intermediate Exams: After completing your articleship and studies, you’re ready to take the CA Intermediate exams. These exams are also conducted twice a year, in May and November. Make sure to prepare well, as this stage plays a key role in your CA journey.
Step 6: Register for the CA Final Course: Once you’ve cleared both groups of the CA Intermediate exams, you can register for the CA Final course. This advanced course covers topics like Strategic Financial Management, Advanced Auditing, and Corporate Law.
Step 7: Prepare for the CA Final Exams: As the last step in your academic journey, the CA Final course requires thorough preparation. The topics are more complex and advanced, so focus on building a strong understanding. Exams are held twice a year, in May and November.
Step 8: Complete General Management & Communication Skills Training: Along with academic preparation, you’ll need to complete General Management & Communication Skills (GMCS) training. This program is designed to enhance your communication and leadership abilities, both essential for a successful CA career.
Step 9: Apply for ICAI Membership: After passing the CA Final exams and completing all training requirements, you can apply for membership with ICAI. Once your membership is approved, you’ll officially become a qualified Chartered Accountant, ready to take on exciting career opportunities.
Conclusion
FAQ
Q1 What is the starting salary of a CA in India?
Ans: A newly qualified CA in India earns around INR 6-8 lakhs per year, which is about INR 50,000-65,000 per month.
Q2 How long does it take to become a CA?
Ans: It takes about 4-5 years to complete the CA course, including the Foundation, Intermediate, and Final exams, as well as the 3-year articleship training.
Q3 Can I start CA after 12th?
Ans: Yes, you can start your CA journey right after Class 12 by registering for the CA Foundation course through the ICAI website.
Q4 What if I fail a CA exam?
Ans: CA exams are tough, and it’s okay if you don’t pass on your first attempt. You can try again, as ICAI allows multiple attempts. Stay focused and keep improving.
Q5 What is the highest salary a CA can earn?
Ans: Experienced CAs in top roles, like CFOs or in high-paying fields like investment banking, can earn more than INR 75 lakhs per year.