“Chartered Accountancy degree required lots of hard work to devote to the concept and learning. This article cover the beautiful description of salary of chartered accountant in India”
The entire process of becoming a Chartered Accountant or a CA is as costly as it is time consuming. The salary of CA have variability which mainly depend on experience, costs of living in cities, skills, industry etc. Though a qualified Chartered Accountant is entitled to considerably satisfying pay, decide for yourself if the salaries will be an apt return of investment of your time and capital or not.
Salaries of CA in India
As already mentioned earlier Chartered Accountants are entitled to considerably satisfactory remunerations. With varying degrees of contribution in both public sector undertakings and private sectors, Chartered Accountants are entitled to some of the best salaries any business in India has to offer.
Chartered Accountant Salaries by Experience Level
The already impressive pay packages that Chartered Accountants are entitled to will increase periodically with the growing number of years in the field.
| Experience | Annual Average Salary |
|---|---|
| Less than a year | INR 2.4 lakh to INR 11 lakh |
| 1-4 years | INR 3 lakh to INR 11 lakh |
| 5-9 years | INR 3.5 lakh to INR 20 lakh |
| 10-19 years | INR 5 lakh to INR 25 lakh |
| 20 years and more | INR 5 lakh to INR 30 lakh |
CA Salary in India based on Skills
As Chartered Accountants have promising prospects in prime industries such as Finance, Banking, Tax etc, they can look forward to variant pay packages offered in each of these industries:
| Skills | Annual Average Salary |
|---|---|
| Accounting | INR 6.3 lakh |
| Auditing | INR 6.9 lakh |
| Internal Audit | INR 6.1 lakh |
| Financial Reporting | INR 6.7 lakh |
| SAP FICO | INR 6.6 lakh |
| Tax Consulting | INR 6.6 lakh |
CA Salary by Location
Variations in salary ranges based on differences in costs of living in prime cities also exist:
| City | Annual Average Salary |
|---|---|
| New Delhi, Delhi | INR 2.4 lakh to INR 10 lakh |
| Hyderabad, Andhra Pradesh | INR 3 lakh to INR 20 lakh |
| Mumbai, Maharashtra | INR 3.7 lakh to INR 20 lakh |
| Chennai, Tamil Nadu | INR 3.4 lakh to INR 20 lakh |
| Bengaluru, Karnataka | INR 2.4 lakh to INR 20 lakh |
CA Salaries in India Based on Gender
The gender based salaries of Chartered Accountants stand something like this:
| Gender | Average Annual Salary |
|---|---|
| Female | INR 2.5 lakh to INR 10 lakh |
| Male | INR 3 lakh to INR 12 lakh |
Right time to pursue ca?
After 12or graduation?
Which is more concrete?
hi ashwini !!! I think u can persue CA after 12 itself…..my frnds are finding difficulties in balancing CA and graduation…u must hav frnds who help in graduation In case u take up both!!!but graduation is very easy if u take up cpt and IPCC…..after 12 is more convenient for u..