In this comprehensive guide, we delve into the salary of CA in India per month. We will explore diverse aspects affecting the CA salary, including experience, skills, location, and employment profile.
Overview of the Chartered Accountant Salary
Chartered Accountancy remains one of the most sought-after careers in India, given the lucrative earning potential and the prestige associated with the profession. The average monthly salary of a fresher CA in India ranges between INR 70,000 and INR 125,000, with the potential of much higher earnings for experienced professionals.
Analyzing Factors Influencing the CA Salary
Experience
Experience stands as a significant determinant when it comes to the monthly salary of a CA in India.
| Years of Experience | Average Salary (per annum) |
| 0-5 | INR 7 lakhs |
| 5-10 | INR 12 lakhs |
| 10-20 | INR 20 lakhs |
| Above 20 | INR 50-70 lakhs |
Skills
A CA’s skill set also plays a crucial role in determining their salary. Skills like budget management, strategic accounting, and financial analysis are highly valued.
| Skills | Average Salary (per annum) |
| Budget Management | INR 9.5-11 lakhs |
| Strategic Accounts | INR 8.9-9 lakhs |
| Financial Analysis | INR 8.5-8.8 lakhs |
Read Also- Breaking Age Barriers: Top 5 Youngest CA in India
Job Profile
The job profile at which CAs are recruited can substantially influence their salaries. Positions such as Finance Officer, Account Executive, and Finance Controller command high salaries.
| Job Profiles | Average Salary (per annum) |
| Finance Officer | INR 35 lakhs |
| Account Executive | INR 25 lakhs |
| Finance Controller | INR 24 lakhs |
Location
The cost of living in a particular city significantly impacts the salary of a CA.
| City | Average Salary (per annum) |
| Gurgaon | INR 9.5 lakh |
| Chennai | INR 8.5 lakh |
| Mumbai | INR 7.5 lakh |
High Paying Employers to CA in India
Several companies offer substantial remuneration packages to CAs.
| Employer | Average Salary (per annum) |
| Reliance Industries | INR 25-45 Lakhs |
| Deloitte | INR 14-35 Lakhs |
| ICICI Bank | INR 11-27 Lakhs |
Additional Sources of CA Income
Besides the salary, CAs are also eligible for additional income through fees, commissions, and bonuses.
Read Also- CA Foundation Registration Fees
